Personal finance

  The bank had reported a profit of Rs 964.70 crore a year ago.Private lender Yes Bank reported a net loss of Rs 600 crore for the quarter ended September 2019 on the back of a one-time deferred tax adjustment of Rs 709 that the bank…
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Bank of India’s (BoI) capital adequacy ratio stood at 14.09% at the end of Q2FY20, up from 10.93% a year ago and its common equity tier 1 (CET 1) ratio came in at 11%, up from 7.53% at the end of September 2018. (PTI)Public sector lender…
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The bank made provisions for bad loans and contingencies of Rs 25.38 crore for the September quarter, while there was a de-provisioning of Rs 18.19 crore a year earlier.Kerala-based Dhanlaxmi Bank on Thursday reported a year-on-year…
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In the quarter ended September, State Bank of India’s (SBI) corporate loans grew just 2.78% y-o-y to Rs 7.66 lakh crore.As banks continue to shy away from wholesale lending, growth in bank credit to the services sector slowed to 7.3%…
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ICICI Bank has itself taken charge of collections from these pools even as public-sector banks (PSBs) are relying on the judiciary to access their share of repayments.With the Bombay High Court ordering a moratorium on repayments to…
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The net NPA ratio also decreased 31 bps sequentially at 7.88%.Public-sector lender United Bank of India on Wednesday reported a net profit of Rs 123.88 crore for the second quarter ended September 30 against a net loss of Rs 883.17 crore…
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Indian Bank MD & CEO Padmaja ChunduruAfter registering a good set of numbers in the recently released second-quarter results, Indian Bank has set its sights on the next growth trajectory with plans being worked out to further improve…
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 According to Abdur Raqeeb, general secretary of the Indian Centre for Islamic Finance, an organisation pushing for Shariah banking in India, Islamic banking has the potential to contribute towards greater financial inclusion besides…
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Icra also indicated that along with a slowdown in growth of housing loan portfolio, there has been a perceptible deterioration in overall asset quality too, which is a concern.The on-book housing loan portfolio for housing finance…
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Speaking on the occasion, the SBI Chairman Rajnish Kumar said that SBI’s focus has been to improve core pre-provision profit.State Bank of India (SBI) on Friday posted a fall in gross slippages and nearly six-fold jump in its…
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