Kotak Mahindra Bank Collects 31% Rise in Q3 PAT to Rs 2,972 Crore
During the December quarter of FY23, Kotak Mahindra Bank beat street estimates in terms of profitability. The bank garnered a standalone net profit of Rs...
Tag : NPA
RBI Relaxes New Prudential Norms For All Lenders
The Reserve Bank of India (RBI) relaxed the new prudential norms for all lenders, including shadow banks, by extending the time till September 2022 to...
ICICI Bank Q3 Results: Net Profit Up 19% at Rs 4,940 Crore
ICICI Bank on Saturday reported a 19 per cent year-on-year (YoY) increase in its net profit for the October-December quarter of the ongoing financial year at...
Petition Filed in SC Against RBI Governor, Others
Petitions have been filed in the Supreme Court seeking its directions for the contempt of court proceedings against Reserve Bank of India Governor Shaktikanta Das and others,...
M&M Finance has Worst 1-day Fall Since Jan 2008
Weak earnings in the June quarter dragged shares of Mahindra & Mahindra Financial Services down by 10.5 per cent to Rs 304.35 on Wednesday. The...
State Bank of India Reports Rs 880 Cr Q4 Net, NPA's Decline
State Bank of India (SBI) reported standalone net profit at Rs 838.4 crore for the March quarter of the fiscal year 2018-19 (FY19). The state-owned...
RBI Seeks Changes Of NCLAT Order On IL&FS Status Of NPA
The National Company Law Appellate Tribunal has been moved by Reserve Bank of India on the matter of modification in an earlier order which resisted...
IDBI Bank To Retain MD Rakesh Sharma For 3 More Years
The IDBI Bank is planning to appoint the current MD Rakesh Sharma for three more consecutive years as an MD and Chief Executive. Also, it...
NPL signs agreement to buy 25.1% stake from JV partner Solvay SA
National Peroxide Ltd (NPL) which is a part of the Wadia Group, has signed an agreement for buying the entire 25.1 percent stake from its...
NPPA has approved norms for discontinuation of scheduled drugs
The drug pricing regulator NPPA, for the purpose of ensuring availability of essential drugs in the market, has been putting in place a framework for...