Public sector Andhra Bank said it plans to raise Rs 2,700 crore for 2016-17, as per the financial requirements of the fiscal
31 May 2016, 6.32 pm | Source: PTI
S&P Global Ratings on May 30 said it has lowered its long-term issuer credit rating on Syndicate Bank to 'BB+' due to continued pressure on asset quality, given the tough operating conditions for the corporate sector in India
30 May 2016, 9.56 pm | Source: PTI
Public sector Andhra Bank reported a consolidated net profit of Rs 557.99 crore for the fiscal ended March 2016, down 15 percent from a year ago on higher provisioning for bad loans
30 May 2016, 9.32 pm | Source: PTI
Indian Overseas Bank posted a net loss of Rs 936.19 crore for the January-March quarter as provisions more than doubled due to spike in bad loans
27 May 2016, 9.48 pm | Source: PTI
The proposed merger of SBI with its five associate banks and Bharatiya Mahila Bank (BMB) will lead to savings, improve treasury operations and cut redundancies, its Chairman Arundhati Bhattacharya said today, pegging the cost ...
27 May 2016, 9.44 pm | Source: PTI
Union Bank of India on May 26 said its net profit declined by 23 per cent to Rs 1,356.44 crore for the year ended March 2016
26 May 2016, 8.02 pm | Source: PTI
Just five steel accounts alone contributed to over Rs 12,500 crore in bad loans, the country's second largest state-run bank said.
24 May 2016, 7.30 pm | Source: PTI
IndiaFirst Life Insurance, the joint venture of Bank of Baroda, Andhra Bank and Legal & General, aims to achieve assets under management (AUM) target of Rs 10,000 crore in the current fiscal.
24 May 2016, 8.48 am | Source: PTI
The decision was taken at a meeting of the committee of directors yesterday, Indian Overseas Bank said in a regulatory filing.
22 May 2016, 11.50 am | Source: PTI
With the launch of above services, the customer of Nepal SBI Bank can utilise various features of mobile banking and other value added services along with the platform of the payment gateway, the bank said in a statement.
19 May 2016, 2.14 pm | Source: PTI
"The Board of Directors... approved to raise equity capital of Rs 1,700 crore inclusive of premium to be decided as per the guidelines by way of Qualified Institutional Placement (QIP)/Rights Issue/Preferential allotment or any ot...
19 May 2016, 11.34 am | Source: PTI
State-run Dena Bank on May 16 reported a net loss of Rs 326.39 crore in the quarter to March due to increase in provisions for bad loans which soared 200 percent to Rs 1,094 crore.
16 May 2016, 7.32 pm | Source: PTI
Central Bank of India on May 13 reported a net loss of Rs 898 crore for the March quarter on account of surge in bad loans
13 May 2016, 8.32 pm | Source: PTI
Public sector Allahabad Bank on May 13 reported a net loss of Rs 581.13 crore for the last quarter ended March 2016 as it substantially raised the amount towards bad loans provisioning in accordance with RBI's asset quality dire...
13 May 2016, 7.46 pm | Source: PTI
State-owned UCO Bank on May 13 reported a net loss of Rs 1,715.1 crore for the March quarter on account of surge in bad loans.
13 May 2016, 3.50 pm | Source: PTI
State Bank of India Chief Arundhati Bhattacharya on May 13 said the lender has discussed various issues including bad loans with the Bank Board Bureau (BBB).
13 May 2016, 3.50 pm | Source: PTI
State-owned Bank of Maharashtra on May 12 posted a net loss of Rs 119.84 crore for the fourth quarter ended March 2016 due to rise in bad loans.
12 May 2016, 8.32 pm | Source: PTI
State-owned Vijaya Bank on May 12 reported a 26 percent decline in net profit to Rs 71.31 crore for the March quarter.
12 May 2016, 7.16 pm | Source: PTI
The gross written premium (GWP) in retail saw 53 percent growth at Rs 506 crore as against Rs 332 crore in the previous fiscal.
11 May 2016, 4.12 pm | Source: PTI
State-owned Indian Bank on May 11 reported a 59 percent decline in net profit to Rs 84.49 crore for the March quarter on higher provisioning for bad loans and contingencies.
11 May 2016, 3.46 pm | Source: PTI
Total income declined 4.68 percent to Rs 5,451.6 crore during the quarter from Rs 5,719.39 crore in the same period last year.
11 May 2016, 12.36 pm | Source: PTI
State-run Punjab & Sind Bank today reported a profit of Rs 98.12 crore for the March quarter despite increase in bad loans.
10 May 2016, 3.10 pm | Source: PTI
"All rupee loans sanctioned and credit limits renewed during the month of May, 2016 would be priced with reference to the tenor based MCLR", Canara Bank said in a regulatory filing.
04 May 2016, 3.08 pm | Source: PTI
The top 50 defaulters of public sector banks had an exposure of Rs 1.21 lakh crore as on December 2015.
03 May 2016, 5.02 pm | Source: PTI
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