India Never Sold Foreign Debt. Its First Attempt Is Failing
Opponents to the issue say it may increase reliance on foreign borrowing Read more
DHFL Assures Lenders Of Zero Haircut On The Principal Under Resolution Plan
Company in talks for new auditor; no clarity on Q1 results Read more
Now, Govt Wants To Freeze Accounts Of IL&FS Auditors, 21 Others
Ministry of Corporate Affairs moves NCLT Read more
Indiabulls Housing Profit Drops 40 Per Cent At Rs 579 Crore
IBHFL’s loan assets declined 10 per cent y-o-y to Rs 1,13,189 crore Read more
PNB Housing Finance Raises $75 Million
PNB Housing Finance (PNBHFL) has raised $75 million external commercial borrowing (ECB) from Sumitomo Mitsui Banking Cor... Read more
Central Bank Of India Back In Black With Rs 118 Crore Q1 Profit
Net interest income was up 7 per cent y-o-y at Rs 1,790 crore Read more
LVB Loss Widens To Rs 237 Cr In Q1 On Rise In Provisioning
Provisions and contingencies increased to Rs 212 crore Read more
Higher Provisioning Weighs On Earnings Of Axis Bank
While the lender’s stable bad loans is a positive sign, higher slippages and write-offs need to be watched Read more
DHFL Defaults On NCDs
Cash-strapped Dewan Housing Finance Corporation Ltd (DHFL) on Tuesday said it has defaulted on five-year secured non-con... Read more
East And North-East, Banking On UBI
The odyssey of Comilla Banking Corporation (1914), which metamorphosed into United Bank of India (1950) with the amalgam... Read more
SBI Tweaks Guidelines For Basic Savings Deposits
State Bank of India (SBI) has fine-tuned its own basic savings bank deposit (BSBD) policy, acting on cue from a recent R... Read more
Muthoot Capital Net ₹13 Cr In Q1
Muthoot Capital Services posted a net profit of ₹13.6 crore in Q1 of FY20, against ₹17.5 crore in the same quarter ... Read more
United Bank Of India Posts Rs 105 Cr Profit In Q1 As NPAs Decline
Backed by a steady decline in non-performing assets, improvement in net interest income, trading profit, and higher reco... Read more
Truecaller Rolls Out New Version After Bug Signed Up Users For UPI Without Consent
Popular caller ID app Truecaller, on Tuesday, admitted to a bug on its platform that signed up users for UPI accounts wi... Read more