Income increased to Rs 6,051.93 crore, from Rs 4,112.29 crore. On a standalone basis, the net profit increased to Rs 420.68 crore in 3rd quarter ended December 31, 2019 from Rs 60.53 crore a year ago.
Real estate industry associations - CREDAI and NAREDCO have been seeking this one-time rollover
Regulator may place restriction on declaration or payment of dividend/donation without prior approval of RBI
The foreign banks' gross bad loans may increase to 3.1 per cent from 2.9 per cent in September 2019
The amount they bought of such NPAs in the 12-month period was less, at Rs 57,506 cr, from the Rs 67,830 cr they acquired in the previous such one-year period
Net non-performing assets (NPAs) of all commercial banks reduced to 3.7 per cent in FY19 as against 6 per cent in FY18.
On transmission of monetary policy, he said the banks cannot lower rates beyond a threshold due to asset liability mismatch issues.
Banks and non-bank firms are in a feedback loop, especially through exposures to the real estate sector, which is under "significant stress," Moody's said
The bank's PMI has crossed 50 points for the first time this month indicating that sentiment is positive
According to him, the mode of recapitalisation that is being done now is through the issue of bond
The stock has gained over 22 per cent since announcement of the September-quarter results, indicating the Street sees some merit in management's asset-quality guidance
The number of millennials opting for a new loan grew 58 per cent as against a 14 per cent growth in the non-millennial segment
The company has also become the first NBFC to avail of the RBI's credit enhancement scheme by raising Rs 250 crore in bonds from LIC
Gross NPA ratio rises to 19.05% from 17.53% a year ago, net NPA falls to 5.98% from 7.96%
The move is likely to help 4.59 lakh housing units across the country. Only RERA-registered projects with positive networth will be provided funds.
Unable to change with the times, the regulator today no longer inspires absolute confidence
The weakest, including those with Viability Ratings in the 'b' range, would face heightened solvency risks without capital injections from the government, the rating agency said
Total income during the second quarter of 2019-20 rose to Rs 8,877.53 crore from Rs 6,755.37 crore in the year-ago period
YES Bank, Bank of Baroda, SBI, IndusInd Bank, and RBL Bank are amongst the banks most prune to "high risk" emanating from Anil Dhirubhai Ambani Group (ADAG), Cox & Kings, CG Power, and DHFL
Six of India's leading fund managers say it is unfair to compare the fund industry's issues with the banking sector's woes