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PTI
August 16, 2019



Hari Hara Mishra
August 16, 2019
In these years, ARCs have been able to play a limited role in containing NPAs by acquiring and resolving NPAs, major constraints being limited capital, inability to raise debt resources and price expectation mismatch with seller banks amongst others.


BusinessToday.In
New Delhi, August 14, 2019
IDBI Bank Q1 results: Net interest income (NII), which is the difference between interest earned and interest expended, declined by 11.04 per cent to Rs 1,458 crore in April-June quarter of FY20 as against Rs 1,639 crore in the same quarter last year


BusinessToday.In
August 13, 2019
HDFC Bank's Aditya Puri took home a monthly basic pay of Rs 89 lakh, nearly three times more than the second top earner Axis Bank CEO Amitabh Chaudhry


PTI
New Delhi, August 12, 2019
Reliance Industries is preparing its Jamnagar complex to be future ready as fuel demand undergoes change with advent of electric vehicles


BusinessToday.In
August 10, 2019
The PSU banks which have announced the decision to link their lending and deposit rates are Syndicate Bank, Bank of India, Union Bank and Allahabad Bank.


PTI
August 10, 2019
Allahabad Bank said it has reduced its MCLR by 15 to 20 basis points (bps) for different tenors, effective from August 14 while another public sector lender UCO Bank announced that it has cut the same by 15 bps across all tenors.


PTI
August 3, 2019
The bank said it will create such number of equity shares and/or debt instruments on a private placement/public issue for investors for an amount not exceeding Rs 5,000 crore in one or more tranches


BusinessToday.In
New Delhi, August 2, 2019
ITC Q1 results: FMCG segment revenue increased 6.19 per cent YoY to Rs 8,493.45 crore, while the cigarettes business revenue rose 6 per cent YoY to Rs 5,433.40 crore


Reuters
August 2, 2019
The Indian government is likely to put on hold a plan to raise the minimum public shareholding in listed companies, a source with direct knowledge of the matter said, amid concerns it could force the issuance of billions of dollars worth of shares.


BusinessToday.In
New Delhi, August 2, 2019
HDFC Q1 results: Total revenue from operations rose by 30.6 per cent to Rs 12,990 crore in Q1FY20 from Rs 9,947.4 crore in Q1FY19


BusinessToday.In
August 2, 2019
State Bank of India stock fell 3.20% on Friday to day's low of Rs 307.20 after the public sector bank logged a lower than expected profit of Rs 2,312 crore in the first quarter ended June 30, hit by a tax expense even as bad loan provisions fell.


PTI
August 2, 2019



BusinessToday.In
July 31, 2019
The new norms make it more attractive and viable for corporates, including the currently struggling non-banking finance companies (NBFCs), to raise cheaper offshore funds


BusinessToday.In
July 31, 2019
Axis Bank share price fell in the early trade on Wednesday despite decent earning figures as the bank failed to meet market estimates due to higher provisioning and slippages.


BusinessToday.In
New Delhi, July 30, 2019
Axis Bank Q1 results: Provisions and contingencies increased by 14.3 per cent YoY and 41 percent over the previous quarter to Rs 3,814.6 crore; Gross slippages increased to Rs 4,798 crore during June quarter 2019


BusinessToday.In
July 27, 2019
The ICICI Bank registered net interest income (NII) of Rs 7,737 crore during the June quarter of FY20, amounting to a year-on-year increase of 27 per cent from Rs 6,102 crore


PTI
July 26, 2019



Anand Adhikari
July 25, 2019
Numbers speak for themselves. Non-performing assets (NPAs) under Mudra have doubled in absolute terms to Rs 17,651 crore over the last two years


BusinessToday.In
New Delhi, July 25, 2019
Bank of Baroda Q1 results: The lender said that results were not comparable with immediately preceding quarter and corresponding previous year as Vijaya Bank and Dena Bank had merged with it, effective from April 1, 2019


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