The SBI associate bank had posted a net profit of Rs 468 crore during the January-March quarter of 2014-15.
30 Apr 2016, 1.00 pm | Source: PTI
State-run State Bank of Bikaner and Jaipur (SBBJ) today reported a 31.05 percent plunge in net profit to Rs 193.22 crore for the quarter ended March 31, due to increased provisions for bad loans.
29 Apr 2016, 6.26 pm | Source: PTI
The bank's net profit in the corresponding January-March period of 2014-15 stood at Rs 280.25 crore.
29 Apr 2016, 3.30 pm | Source: PTI
Public sector lender Punjab & Sind Bank (PSB) today said it has revised rate of interest on select domestic term deposits.
27 Apr 2016, 6.28 pm | Source: PTI
State-run Bank of Maharashtra sees its gross non-performing assets or bad loans to be about 8 percent of gross advances in 2015-16, a top official said.
24 Apr 2016, 1.59 pm | Source: PTI
Amid reports of stake sale, state-owned IDBI Bank today said there is no formal proposal from L&T Finance Holdings for merger with the bank.
22 Apr 2016, 8.32 pm | Source: PTI
The bank has mobilised substantial gold deposit under Short Gold Bank Term Deposit (STGBD) for three years from one of the leading trusts of India - Tirumula Tirupati Devasthanam, Tirpuati (TTD), PNB said in a statement.
19 Apr 2016, 8.34 pm | Source: PTI
"Life Insurance Corporation (LIC) has agreed to subscribe up to 1,32,44,282 equity shares of the bank on preferential basis subject to their shareholding restricted to 14.50 per cent of the post issue share capital of the Bank," i...
18 Apr 2016, 9.16 pm | Source: PTI
"This fact may have a bearing in the mind of the court so we wanted to correct it and place it before the court. ED's charges are false and incorrect," said advocate Pranav Badeka of the now defunct Kingfisher Airlines (KFA).
18 Apr 2016, 1.18 pm | Source: PTI
The target is lower than 38 percent growth achieved by the 3-way joint venture between Bank of Baroda, Andhra Bank and UK's Legal and General.
18 Apr 2016, 8.08 am | Source: PTI
"Asset quality issues are issues of the past. They are legacy issues. Whether they will turnaround immediately, I don't really think so, not in the shipping sector at least," she told reporters on the sidelines of the maiden 'Mari...
15 Apr 2016, 9.50 am | Source: PTI
The CBI will soon be sending judicial requests to at least five countries, including the US and the UK, to seek information about alleged diversion of loans received by now defunct Kingfisher Airlines from IDBI Bank.
12 Apr 2016, 8.32 pm | Source: PTI
The move is a result of the introduction of MCLR based lending rate (Marginal Cost of Funds based Lending Rate) with effect from April 1, 2016, the bank said.
12 Apr 2016, 2.22 pm | Source: PTI
The deal comprises end-to-end production, supply and personalisation services of Visa, MasterCard and RuPay branded EMV debit cards along with Personal Identification Number (PIN).
08 Apr 2016, 8.50 am | Source: PTI
Under the deal, Nomura Asset Management Strategic Investments PTE will sell its stake in LIC Nomura Mutual Fund AMC and LIC Nomura Mutual Fund Trustee Company.
07 Apr 2016, 5.36 pm | Source: PTI
For one year loan, the interest rate will be 9.55 percent while for two years it is going to be 9.65 percent, UCO Bank said in a BSE filing.
04 Apr 2016, 8.04 am | Source: PTI
State-owned IDBI Bank today said it has sold 2 percent stake in National Stock Exchange to country's largest insurer LIC.
31 Mar 2016, 8.10 pm | Source: PTI
State-owned Syndicate Bank today said it has raised Rs 870 crore from Tier I bonds to meet Basel III norms.
31 Mar 2016, 6.54 pm | Source: PTI
Public sector lender State Bank of Travancore (SBT) today said it has raised Rs 515 crore by issuing Basel-III complaint tier-II bonds.
31 Mar 2016, 11.26 am | Source: PTI
Post the acquisition of additional shares in Dena Bank, LIC's stake in the lender has gone up to 14.5 percent from 11.63 percent earlier, Dena Bank said in a regulatory filing today.
30 Mar 2016, 2.32 pm | Source: PTI
"The government has decided to infuse capital funds to the tune of Rs 480 crore in the bank by way of preferential allotment of equity in favour of the Government of India," UBI said in a BSE filing.
30 Mar 2016, 11.18 am | Source: PTI
"Government has decided to infuse capital funds to the tune of Rs 220 crore in Vijaya Bank by way of preferential allotment of equity in favour of Government of India as part of capital infusion for financial year 2015-16," Vijaya...
30 Mar 2016, 11.12 am | Source: PTI
The bonds, issued for a 10 year tenure, bears 8.61 percent per annum of coupon rate. The Bonds are rated IND AA+ by India Rating, the bank said.
29 Mar 2016, 8.34 pm | Source: PTI
This is part of the government's plans to infuse Rs 5,050 crore in the public sector banks.
29 Mar 2016, 8.28 pm | Source: PTI
The comment by the industry body comes against the backdrop of government's stern warning to 'wilful defaulters' like Vijay Mallya to settle their dues honourably with the banks or else be ready to face "coercive action" by lender...
29 Mar 2016, 9.02 am | Source: PTI
Public sector lender Syndicate Bank will raise over Rs 217 crore by allotting preferential shares to LIC to shore up capital to meet Basel III norms.
28 Mar 2016, 6.44 pm | Source: PTI
Standalone Net Interest Income (NII) for the quarter was Rs 1,127.89 crore and net loss was Rs 1,497.01 crore.
16 Feb 2016, 12.43 pm | Source: Moneycontrol.com
Standalone Net Interest Income (NII) for the quarter was Rs 608.09 crore and net profit was Rs 17.00 crore.
15 Feb 2016, 9.22 am | Source: Moneycontrol.com
Total income increased to Rs 4,801.4 crore for the quarter from Rs 4,540.61 crore for the quarter ended December 31, 2014, it said in a BSE filing.
12 Feb 2016, 2.24 pm | Source: PTI
Consolidated Net Interest Income (NII) for the quarter was Rs 19,112.67 crore and net profit was Rs 1,259.49 crore.
12 Feb 2016, 10.14 am | Source: Moneycontrol.com