Feb 11, 2016 at 17:58 | Source: PTI
Gross NPAs as a percentage to total advances rose significantly to 7.75 percent from 5.43 percent in the same quarter year ago.
Feb 11, 2016 at 16:40 | Source: PTI
Despite a challenging start to the year, gold demand rebounded in the second half of 2015, as a result of sustained buying from central banks and a strong second half from China and India.
Feb 11, 2016 at 12:21 | Source: Reuters
Cutting the small savings rate could save the government an estimated USD700 million a year. But the move is likely to irk small savers and could be unpopular politically, particularly in rural areas where few banks have branches.
Feb 11, 2016 at 08:00 | Source: Moneycontrol.com
Janet Yellen stuck to the script and made it clear that the central bank remains on a path of 'gradual' policy tightening. Yet she highlighted growing risks facing the economy.
Feb 10, 2016 at 10:11 | Source: CNBC-TV18
Stocks likely to be in focus are: Britannia Industries, Apollo Tyres, Aurobindo Pharma, CESC, Dr Reddys Laboratories, Hindalco Industries, Central Bank of India, Prestige Estates Projects, Eros International Media, Pidilite Industries, Tata Motors.
Feb 10, 2016 at 07:36 | Source: PTI
Central Bank of India reported a loss of Rs 836.62 crore for October-December 2015-16, against a profit of Rs 137.65 crore in the third quarter of the previous fiscal.
Feb 09, 2016 at 22:26 | Source: PTI
The public sector lender had clocked a profit of Rs 137.65 crore in the corresponding October-December qaurter of 2014-15.
Feb 09, 2016 at 09:48 | Source: PTI
Gross domestic product (GDP) will expand by 7.6 percent in 2015-16 compared with 7.2 percent a year earlier, according to the Central Statistics Office (CSO). The previous high at 8.9 percent was recorded in 2010-11.
Feb 09, 2016 at 08:56 | Source: CNBC-TV18
Jaguar Sales up by 44 percent at 7,941 versus 5,505 units year on year. Land Rover Sales increases by 20 percent at 38,075 versus 31,632 units year on year. Growth seen in all key geographies; China rises by 5 percent year on year.
Feb 08, 2016 at 20:11 | Source: PTI
For the fiscal ended March 2015, public sector banks have written off loans amounting to Rs 52,542 crore, an increase of 52.6 percent over the previous fiscal, as per the RBI data. About one-fifth of bad loans was written off in 2014-15 as the gross non-performing assets (NPAs) at the end of March 2015 rose to Rs 2,67,065 crore.