Business IDFC First Bank Q1 results: PAT soars 61.3% YoY to Rs 765 crore, NII grows 36% Nick J Adam Jul 30, 2023 MUMBAI - IDFC First Bank Ltd reported a 61.3% year-on-year (YoY) rise in net profit for the quarter ended June to Rs 765… Read More...
Business Asset quality not to be an issue, NPAs to go down further: Rajneesh Karnatak, Bank of India Nick J Adam May 8, 2023 "As far as our net profits are concerned, we had a net profit of Rs 4023 crores to be exact. This is for the first time… Read More...
Business Punjab National Bank among 6 banks with high NPAs Nick J Adam Mar 26, 2023 High DebtWith the Q4 results due in a few days, it is good to know about the NPAs of banks, especially for those… Read More...
Business KV Kamath says digital economy can contribute 25% GDP by FY29 Nick J Adam Feb 26, 2023 Mumbai, Noted banker KV Kamath, who now chairs the National Bank for Financing Infrastructure and Development (NaBFID),… Read More...
Business DCB Bank Q3 net profit jumps 52% to Rs 114 cr on decline in bad loans Nick J Adam Jan 29, 2023 … Read More...
Business City Union Bank tumbles 9% as RBI finds divergence of additional gross NPA Nick J Adam Dec 21, 2022 … Read More...
Business Parliament proceedings | Banks write off loans worth ₹11.17 lakh crore in last six years Nick J Adam Dec 20, 2022 “Banks have written off ₹11.17 lakh crore bad loans from their books in the last six years till financial year 2021-22,”… Read More...
Business Spandana Sphoorty reports consolidated net profit at Rs 55.2 crore Nick J Adam Oct 18, 2022 Micro lender reported a consolidated net profit of Rs 55.2 crore for the September quarter against a Rs 60 crore loss… Read More...
Business RBI tightens disclosure norms on divergence in NPAs, provisions Nick J Adam Oct 11, 2022 … Read More...
Business Centre may revamp framework for setting state-owned banks’ targets Nick J Adam Aug 30, 2022 … Read More...