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Results 80 to 100 of 1931
BusinessToday.In
July 30, 2018
The stock rose up to 10.6% or 14.65 points to 152.70 level in trade today.  Later, it ended 9.92% or 13.70 points higher at 151.75 level on the BSE.


BusinessToday.In
July 30, 2018
Banking rally was led by Bank of Baroda whose stock hit a fresh 17 week high level of 151.90 after the public sector lender reported a more than two-fold rise in Q1 net profit to Rs 528.26 crore.


Anand Adhikari
New Delhi, July 27, 2018
Merger of banks based on geography will result in lesser disruption in terms of rationalisation of branches and people. The merger of weak banks can be done once the bad assets are out of the system.


PTI
New Delhi, July 27, 2018
The bank's total income was Rs 18,574.17 crore in Q1 as against Rs 16,847.04 crore in the same period last year.


BusinessToday.In
New Delhi, July 26, 2018
Incorporated in 1987, IL&FS was ex-Citibanker Parthasarathy's brainchild and was initially promoted by the Central Bank of India, Housing Development Finance Corporation Limited and Unit Trust of India (UTI).


BusinessToday.In
New Delhi, July 26, 2018
You may soon be allowed to use your private car as Ola, Uber cabIn an attempt to reduce the number of passenger vehicles on roads and subsequently reduce air pollution, the government is pushing for a rather unconventional method. The Centre wants to promote ride sharing on private cars. This would enable carpooling of private vehicles and allow them to operate as taxis through services such as Ola and Uber. However, it is not lost on authorities that permitting this would adver...


BusinessToday.In
New Delhi, July 25, 2018
The Prevention of Corruption Act (Amendment) Bill, 2018 was passed by the parliament on Tuesday. The amendments propose a lot of changes to the anti-corruption law which range from redefining criminal misconduct to bringing collusive bribe givers to book.


BusinessToday.In
New Delhi, July 25, 2018
A Boston Consulting Group report reveals that economies like US, UK, Singapore, Hong Kong, Germany and Japan have a recovery rate of 80% and a resolution time frame of under one-and-half years. India has posted a sub-par recovery rate of 26.4% and an average resolution time of 4.3 years.


BusinessToday.In
New Delhi, July 25, 2018
Nearly 1700 defamatory URLs and content were blocked by Twitter and Facebook on government's request; new data has surfaced quoting Swiss National Bank that non-bank loans and deposits by individuals and corporate in Swiss bank accounts have gone down by 80 per cent since the Modi government came to power and fugitive Mehul Choksi has fled to Antigua from the US to save himself from extradition. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


BusinessToday.in
New Delhi, July 24, 2018
The Centre has told the SC that the proceedings of cases being heard by the Constitution bench and the CJI can be live-streamed as pilots; India's largest banks and financial institutions have entered into an inter-creditor agreement to fast-track resolution of stressed loans; the Centre's inability to explain the difference between the UPA pricing of the Rafale deal and the NDA pricing of the Rafale deal is most surprising. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


BusinessToday.In
July 23, 2018
The inter-creditor agreement gives more powers to the lead lender in a consortium and allows a resolution plan to be approved if 66 percent of the banks in the group agree to it.


Naveen Kumar
New Delhi, July 23, 2018
Majority of houses being purchased nowadays are financed through home loans which are often 4-5 times of annual income of a person and are taken for a long period of repayment like 20-25 years.


BusinessToday.In
July 23, 2018
The Department of Financial Services (DFS) had asked the state-owned banks to examine their collective 216 overseas operations to enhance cost-efficiencies.


BusinessToday.In
New Delhi, July 21, 2018
HDFC Bank saw its net profit grow by 18.2 per cent year-on-year to Rs 4,601.44 crore in the first quarter of the ongoing financial year, meeting expectations. Asset quality saw marginal changes with Gross NPA ratio at 1.3 per cent.


Nevin John
New Delhi, July 19, 2018
The top industrialists in the country have been quite reluctant in publicly voicing their concerns about the economy in all these years. The scene is changing now.


BusinessToday.in
New Delhi, July 19, 2018
Sameet Chavan, Chief Analyst, Technical and Derivatives, Angel Broking, takes viewers through all the market action today. Erasing early gains, the Sensex closed lower by 22 points at 36,351 in range-bound trade amid lower-than-expected results. The Nifty too fell 23 points to 10,957 level. Investors were not in a mood to make fresh bets ahead of the voting on the no-confidence motion against the NDA government tabled in the Lok Sabha, brokers said.


Prosenjit Datta
New Delhi, July 19, 2018
The true extent of the NPA problem only started becoming clear once then RBI governor Raghuram Rajan initiated the Asset Quality Review (AQR) in 2015


BusinessToday.In
July 19, 2018
Erasing early gains, the Sensex closed lower by 22 points at 36,351  in range-bound trade amid lower-than-expected results.The Nifty too fell 23 points to 10,957 level.Investors were not in a mood to make fresh bets ahead of the voting on the no-confidence motion against the NDA government tabled in the Lok Sabha, brokers said.A depreciating rupee, which again breached the 69-mark against the dollar in intra-day trade, too weighed on sentiment, they added.Kotak Mahindra Bank was the top ...


PTI
July 17, 2018
Sentiment got a boost after global crude oil prices dropped by over 4 per cent yesterday owing to oversupply fears, helping the rupee to strengthen against the dollar, brokers said.


BusinessToday.In
July 17, 2018
The bank's provisions for bad loans fell 15.77% to Rs 199.15 crore in Q1 compared to Rs 236.44 crore in the corresponding period of last fiscal. On a quarter-on-quarter basis, these declined 46.4% from Rs 371.53 crore. The bank's net interest income rose by 22.4% year on year (YoY) to Rs 980 crore in Q1.


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