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Manappuram Finance Q4 net rises 18% to Rs 468 crore
For the whole of FY21, the company reported a consolidated net profit of Rs 1,724.95 crore, against Rs 1,480.30 crore in the year-...
Punjab & Sind Bank returns to profit after 8 quarters o...
Net NPA almost halved to 4.04% from as much as 8.03% a year earlier.
Rs 99,000-crore booster: Bumper dividend for govt from ...
The Union government had budgeted a total Rs 1 lakh crore worth of earnings by way of total dividend from RBI and public-sector en...
DHFL: RBI was never in favour of Wadhawan’s settlement ...
RBI, in its submission at NCLT Mumbai on January 15, 2021, had said, “Affording the applicant (Kapil Wadhawan) even an opportunity...
RBI Annual Report: Number of frauds in private banks up...
In value terms, the private banks have reported a rise of 35% y-o-y in frauds during FY21, and PSBs have reported a decline of 45%...
RBI Annual Report: Asset quality of banks needs to be c...
In its semi-annual financial stability report, RBI had earlier said that the bad loan ratio of banks could rise to 13.5% under the...
UCO Bank Q4 net jumps nearly fivefold to Rs 80 crore
Talking to FE, MD & CEO AK Goel attributed the sharp rise in the net profit to significant rise in operating profit, interest ...
RBI Annual Report: Worst seems to be over for loan grow...
Among bank groups, public sector banks registered a non-food credit growth of 3.1% in March 2021, compared to 3.4% a year ago. How...
ESAF Small Finance Bank FY21 net profit dives 45% to Rs...
The operating profit increased from Rs 324.70 crore in FY20 to Rs 415.84 crore in FY21.Total business registered growth of 25.85% ...
ESAF Small Finance Bank expects normalcy in business fr...
“Already Maharashtra is showing good promise and collections are good at 75%. In Tamil Nadu too, the collections were at 65% when ...
RBI slaps Rs 10-crore fine on HDFC Bank
“RBI has imposed, by an order dated May 27, 2021, a monetary penalty of `10 crore on HDFC Bank Limited (the bank) for contraventio...
Sundaram Finance net up 60% to Rs 209 crore
Executive vice-chairman Harsha Viji said, “While the first quarter of last year was almost a complete washout due to the national ...