Finance

Srei Infra Q3 Profit Falls 23%

Srei Infrastructure Finance posted a near 23 per cent drop in net profit to ₹91 crore for the quarter ended December 3... Read more

Satin Creditcare Q3 Profit Up 51%

Microfinance company Satin Creditcare Network announced a 51 per cent increase in its net profit for the third quarter ... Read more

Justice DK Jain Appointed To Oversee IL&FS Asset Sale

The new board of IL&FS proposed a multi-pronged strategy to revive the beleaguered company Read more

DHFL Accused Of ₹31,000-crore Fraud

Website Cobrapost on Tuesday claimed that its team of investigative journalists had unearthed “the biggest banking sca... Read more

YES Banks Promoters Reach Truce; To Nominate One Director Each On Board

Bank may appoint Ajai Kumar as interim MD/CEO Read more

Axis Bank Profit Surges 131% As Asset Quality Improves

Private sector lender Axis Bank bounced back with a robust 131 per cent increase in its net profit in the third quarter ... Read more

HDFC Posts ₹2,114-crore Net Profit In Q3

Net interest income up 18%; board appoints Ireena Vittal as an Independent Read more

Bank Of Baroda Profit Soars To ₹471 Cr On Lower Provisioning

Bank of Baroda reported a four-fold jump in third quarter net profit at ₹471 crore against ₹112 crore in the year-ag... Read more

Bajaj Finserv Q3 Netup 16% At ₹851 Crore

Bajaj Finserv (BFS), the holding company for various financial services businesses under the Bajaj Group, reported a 16 ... Read more

Dhanlaxmi Bank To Focus On NPA Reduction: CEO

When T Latha, the MD and CEO of Dhanlaxmi Bank, took over the reins of the crisis-ridden bank in July 2018, she had some... Read more

Performance Stable On Growth In Retail Loans

But delinquencies in non-retail loans inch up marginally Read more

At Axis, Core Performance Picks Up, But Slippages Rise

For Axis Bank, which has been weighed by asset-quality concerns over the past one to two years, its performance in the l... Read more

Budget Will Positively Surprise Markets, Says Bank Of Americas Bond Expert

India’s sovereign bond market has been jittery of late, with investors bracing for the government to announce populist... Read more

Soon, Policyholders Could Opt For Health Claims In Instalments

Surabhi Soon, policyholders will have the option to receive health and accident insurance claims in instalments rather t... Read more

Is Ayushman Bharat Facing A Funds Squeeze?

The Pradhan Mantri Jan Arogya Yojana (PM-JAY) popularly known as ‘Ayushman Bharat,’ is receiving a lesser slice of t... Read more