Page 93 - Abhijit Lele

State Bank of India Q4 profit up 80% at Rs 6,451 crore, beats estimates

Lender posts highest-ever full year net profit of over Rs 20,000 crore

DHFL resolution: Lenders weigh options after NCLT's surprise call

Tribunal gave direction to have a look at offer by Kapil Wadhawan

Second Covid-19 wave: NBFCs brace for defaults, grim business prospects

The collections are down as staff is not able to reach out to customers.

Indian Bank to raise Rs 1,500-crore capital through tier I & II bonds

As of December 31, 2020, total capital adequacy ratio (CAR) stood at 14.06 per cent and tier 1 CAR was at 11.18 per cent

Second wave of Covid-19: Consider second loan recast, PSBs tell RBI

Want lower provisioning for restructuring than last year

Canara Bank back in the black in Q4, posts net profit of Rs 1,010 cr

Its net interest income rose to Rs 5,589 crore in Q4FY21 from Rs 5,087 crore in Q4FY20

Analysts cautious on corporate earnings growth amid Covid-led lockdown

During the first wave, FY21 and FY22 Nifty earnings estimates, according to analysts at Jefferies, were cut by 33 per cent and 21 per cent respectively till September 2020

Second Covid-19 surge will drag earnings recovery for India Inc: Moody's

Automobile, housing sales to be hit; drop in fuel demand seen; Steel firms to see limited impact on output despite O2 diversion

SBI eyes over Rs 10K-crore credit pipeline for health infrastructure

Ashwani Bhatia, managing director, SBI, said the bank had held discussions with firms that needed funds for building hospital infrastructure

Tata Digital to raise Rs 5,000 cr via commercial papers to expand business

Tata Digital is creating a platform for the Tata Group's consumer business, acquiring 64 per cent in online grocer Big Basket.

Moody's upgrades outlook on Tata Motors to 'Stable' on sustained recovery

Recovery is from the trough hit Q1 of FY21, is expected to sustain over next 12-18 months, while the firm's credit metrics strengthen as well

Piramal Enterprises trims loss to Rs 510 crore in March quarter

The total dividend pay­out on this account would be Rs 788 crore

God's own patience: Meet Padmakumar Madhavan Nair, MD & CEO of NARCL

His staying power was in evidence during the groundwork for the resolution of the debt owed by Anil Ambani-controlled Reliance Communication which involved over 50 lenders

IDBI Bank to cap corporate exposure to Rs 500 crore: Here're the details

The bank is also looking to grow its Rs 45,000 crore corporate book by about 10 per cent.

Relief to only postpone financial stress from India's Covid surge: Fitch

There are growing indications that India's latest wave of Covid-19 infections will add to risks among financial institutions by sapping near-term momentum from the economic recovery

Strengthening of steel prices to support Tata Steel's deleveraging: S&P

Sustained steel prices at these levels could lead to upward rating pressure.

IDFC First Bank planning to make home loans 40% of total portfolio

The bank has started offering prime home loans to employees of top corporates starting at 6.9 per cent

Bank credit shrinks by Rs 89,087 cr in April on second wave impact

The bank credit expanded by 5.7 per cent in 12 months till April 23, 2021, as against 6.8 per cent a year ago

Over 300 pharma, healthcare companies eligible for new Covid loans: Crisil

Hospitals to gain most with up to 3.5% dip on cost of funds; may add half a million beds, says rating agency

Covid-19 loans: Banks using their own resources to get the benefit

Earlier, option of earning 40 bps extra was for banks using RBI's Rs 50,000-cr window