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Nov 03, 2020 01:12 PM IST Total income grew 22 percent to Rs 2,304.90 crore in July-September 2020-21 as against Rs 1,889.30 crore in the year-ago period, Bandhan Bank said in a regulatory filing.
Oct 29, 2020 12:40 PM IST The bank’s operating profit for the quarter grew 16 percent year-on-year (YoY) and 18 percent quarter-on-quarter (QoQ) to Rs 6,898 crore.
Oct 16, 2020 12:34 PM IST The company board declared an interim dividend of Rs 7.50 per equity share.
Oct 15, 2020 01:00 PM IST Management sees strong traction in business, going ahead, and revised its revenue growth guidance to 2-3 percent in CC terms in FY21 (against 0-2 percent growth expected in Q1FY21).
Oct 14, 2020 01:19 PM IST The company's consolidated profit increased to Rs 2,465.7 crore for the quarter compared to Rs 2,390.4 crore in previous quarter.
Oct 08, 2020 12:16 PM IST TCS, retail cluster outperformed during the quarter despite continuous weakness in discretionary retail CPG and travel and hospitality sub vertical.
Jul 26, 2020 12:44 PM IST The bank is looking to reduce the concentration risk and improve the credit ratings in the corporate portfolio. Proposed capital raise is aimed to further strengthen capital of the bank.
Jul 26, 2020 12:23 PM IST The management do not expect much volatility in material prices in next quarter. The company will focus on core strengths, cost rationalization and cash conservation. It expects demand from Tier ll, Tier lll and Tier IV cities to continue led by good monsoon.
Jul 24, 2020 02:00 PM IST Company has created additional liquidity by borrowing money in advance. Around Rs 4000-5000 crore of borrowings are due for repayment and management has kept money aside for the repayment.
Jul 22, 2020 01:30 PM IST The bank will continue to evaluate the situation and make future reserves by assessing the situation, Axis Bank management has said.
Jul 17, 2020 11:44 AM IST Revenue shed 2.1 percent to Rs 2,949.2 crore versus Rs 3,011.9 crore, QoQ.
Jun 14, 2020 03:13 PM IST Eicher Motors reported a 44.1 percent year-on-year decline in its Q4FY20 consolidated profit due to nationwide lockdown in second half of March and overall slowdown in auto business.
Jun 14, 2020 03:00 PM IST Revenue from operations declined 34.8 percent year-on-year, which was ahead of Street estimates, to Rs 9,005 crore in Q4FY20.
May 31, 2020 05:30 PM IST The company expects specialty portfolio to breakeven in FY22.
May 23, 2020 03:04 PM IST The company’s focus would be on improving gross margin, while EBITDA margin may be impacted due to change in Ad expenses.
May 07, 2020 02:20 PM IST Now management sees FY21 to be better placed in total expenses point of view than FY19 & FY20.
May 05, 2020 09:08 PM IST The company has gained market share in 90-95 percent of its product portfolio.
May 01, 2020 09:45 PM IST Revenue impact will pressurize the margins. Goal is to get back to margin to teens by a year.
May 01, 2020 09:43 PM IST The company is currently focusing on soaps and sanitizers. Thus, has increased the production of hand sanitizers by 60x to assist the on-going situation.
Apr 29, 2020 12:01 PM IST Bank has not given moratorium to any NBFC nor has it been approached barring MFI classified as NBFC.
Apr 29, 2020 11:52 AM IST The bank has created telecom provision of Rs 75 crore by way of standard asset provision.
Apr 21, 2020 04:25 PM IST The company is seeing interest from client in cloud, virtualisation, workforce transformation and cost reduction programs
Apr 20, 2020 11:31 AM IST In corporate loan, over 80 percent of the disbursal during the quarter was for the tenor less than 1 year.
Feb 26, 2020 04:12 PM IST The commercial vehicle segment continued to remain under stress and management expects it to continue for 8 to 9 months.
Feb 15, 2020 01:59 PM IST Total income for the quarter declined to Rs 1,790.17 crore as against Rs 1,835.02 crore and total expenses increased to Rs 1,534.36 crore, from Rs 1,446.82 crore, YoY.
