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Banks - Private Sector News

  • Smart Finsec standalone Dec '15 sales at Rs 0.12 crore  

    Smart Finsec has reported a sales total income from operations of Rs 0.12 crore and a net profit of Rs 0.01 crore for the quarter ended Dec '15

    11 Feb 2016, 11.02 am  |  Source: Moneycontrol.com

  • Yes Bank to set up 1,000 water purifiers at railway stations

    Yes Bank to set up 1,000 water purifiers at railway stations  

    "Yes Bank has joined hands with the Indian Railways to provide safe and clean drinking water at railway stations by setting up 1,000 community water purification systems across India by 2019", the bank said in a statement today.

    05 Feb 2016, 3.42 pm  |  Source: PTI

  • RBI gives nod to Swaminathan`s appt as Non-Exe Chairman of KVB

    RBI gives nod to Swaminathan's appt as Non-Exe Chairman of KVB  

    The Board of the Tamil Nadu-based bank had recommended Swaminathan in November 2015 for the post, subject to the approval of country's apex bank.

    01 Feb 2016, 3.38 pm  |  Source: PTI

  • IDFC Bank logs in Rs 242 crore net, to focus on growing PSL book

    IDFC Bank logs in Rs 242 crore net, to focus on growing PSL book  

    The bank, which began operations on October 21 last year, saw a net interest income of Rs 404 crore and a non-interest income of Rs 200 crore, which included Rs 170 crore in treasury gains.

    27 Jan 2016, 8.40 pm  |  Source: PTI

  • South Indian Bank Q3 profit rises 16%, asset quality weakens

    South Indian Bank Q3 profit rises 16%, asset quality weakens  

    Net interest income, the difference between interest earned and interest expended, grew by 27 percent to Rs 406.7 crore during the quarter against Rs 320 crore in same quarter last fiscal.

    20 Jan 2016, 2.10 pm  |  Source: Moneycontrol.com

  • UK investors call for interest rate cut in India

    UK investors call for interest rate cut in India  

    Yes Bank managing director and CEO Rana Kapoor, who was present at the India Investor Summit held at the London Stock Exchange (LSE) with Finance Minister Arun Jaitley, said that clearing lingering tax issues was also highlighted ...

    20 Jan 2016, 9.52 am  |  Source: PTI

  • Karnataka Bank Q3 net slides 9% to Rs 97 cr

    Karnataka Bank Q3 net slides 9% to Rs 97 cr  

    "Total income has increased to Rs 1,369.83 crore for the quarter ended December 31, 2015, from Rs 1,364.69 crore for the quarter ended December 31, 2014," it said in a BSE filing.

    18 Jan 2016, 8.37 am  |  Source: PTI

  • ICICI Bank crosses Rs 1 lakh crore mortgage lending milestone

    ICICI Bank crosses Rs 1 lakh crore mortgage lending milestone  

    "ICICI Bank today announced that it crossed the milestone of disbursing mortgage loans of over Rs 1 lakh crore, a first among private sector banks in the country," it said in a statement.

    14 Jan 2016, 2.14 pm  |  Source: PTI

  • Karur Vysya Bank Q3 profit rises 34%, asset quality stable

    Karur Vysya Bank Q3 profit rises 34%, asset quality stable  

    Net interest income, the difference between interest earned and interest expended, rose 14.6 percent to Rs 448 crore in quarter ended December 2015 compared to Rs 391 crore in a year-ago period.

    13 Jan 2016, 2.14 pm  |  Source: Moneycontrol.com

  • DCB Bank Q3 profit slips 3% on higher tax cost; NII jumps 32%

    DCB Bank Q3 profit slips 3% on higher tax cost; NII jumps 32%  

    Net interest income grew by 31.6 percent to Rs 160.46 crore in quarter ended December 2015 from Rs 121.9 crore in same quarter last fiscal. NII is the difference between interest earned and interest expended.

    12 Jan 2016, 5.03 pm  |  Source: Moneycontrol.com

  • Government mulls part stake sale in Axis Bank

    Government mulls part stake sale in Axis Bank  

    The government is considering the sale to meet its asset sales target, Nwschannel tweeted its newswire report which cited unnamed sources.

    07 Jan 2016, 12.45 pm  |  Source: Reuters

  • City Union Bank Q2 profit up 15% to Rs 108cr, NII rises 16%

    City Union Bank Q2 profit up 15% to Rs 108cr, NII rises 16%   

    Net interest income grew by 16.4 percent to Rs 240.1 crore from Rs 206.2 crore in same period. Advances increased by 12 percent to Rs 18,784.6 crore and deposits rose by 10.6 percent to Rs 25,616.1 crore compared to year-ago perio...

    29 Oct 2015, 1.22 pm  |  Source: Moneycontrol.com

  • South Indian Bank Q2 net up 22.38% at Rs 93.38 crore

    South Indian Bank Q2 net up 22.38% at Rs 93.38 crore  

    The bank had clocked a net profit of Rs 76.30 crore during the same quarter in the previous fiscal.

    17 Oct 2015, 3.03 pm  |  Source: PTI

  • Karur Vysya Bank Q2 profit jumps 57%, provisions & NPA rise

    Karur Vysya Bank Q2 profit jumps 57%, provisions & NPA rise  

    Asset quality weakened during the quarter with gross non-performing assets (NPA) rising 60 basis points Y-o-Y and 5 bps Q-o-Q to 1.96 percent. Net NPA increased 37 bps on yearly basis and 8 bps sequentially to 0.96 percent.

    15 Oct 2015, 1.33 pm  |  Source: Moneycontrol.com

  • Dhanlaxmi Bank standalone Jun '15 NII at Rs 83.07 crore  

    Standalone Net Interest Income (NII) for the quarter was Rs 83.07 crore and net loss was Rs 22.71 crore.

    13 Aug 2015, 10.20 am  |  Source: Moneycontrol.com

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