rs crore

Amid disruption from the second wave of the pandemic, the country's largest private lender, HDFC Bank, on Saturday reported lower than estimated net profit of Rs 7,730 crore in the June quarter as the quality of bank assets…

Through Express news service BENGALURU: Cooperation Minister ST Somashekhar said on Wednesday that the government of Karnataka will decide to forgo loans from farmers who have succumbed to Covid-19 by the end of…

Through PTI MUMBAI: DBS Bank India, the wholly-owned subsidiary of the Singaporean lender, saw an increase in net profit for the year 21 to 312 crore on the merger of Lakshmi Vilas Bank (LVB), but reported a…

The Indian government has set a divestment target of Rs 1.75 lakh crore for FY2021-22. It is perceived that state-run banks are not performing to their potential for a variety of reasons. The recent announcement by the Ministry of…

Auto inventories will be the focus of concern as automakers begin reporting monthly sales figures for June from July 1, 2021. The Board of Directors of the Indian Oil Corporation has granted Phase 1 approval for the…

IL&FS received 1,925 crore rupees from Haryana Shehari Vikas Pradhikaran (HSVP) as an interim termination payment in the Gurgaon metro project case. The payment, duly received in escrow accounts, is in accordance with the…

Mumbai: The banking sector posted its highest profits ever, rupee 1,02,252 crore, in FY21, a year the economy was hit by the pandemic. This is a significant turnaround from a net loss of almost Rs 5,000 crore to the industry in FY19.…

CHENNAI: DMK leader and Rajya Sabha member RS ​​Bharathi accused the Indian branch of Singapore-based DBS Bank, which merged with Chennai-based Lakshmi Vilas Bank, of violating the proposed merger;…

The Directorate of Execution (ED) handed over ₹9,041.5 crore in assets, mainly in equities, to Indian banks which lost more than ₹22,585.83 crore in bank fraud by three fugitive businessmen, Vijay…

TNN & Agencies Mumbai: The Securities Appellate Tribunal (SAT) on Monday authorized PNB Housing Finance (PNBHFL) to hold its extraordinary general meeting (EGM) on Tuesday, as part of the controversial Rs 4,000 crore investment…

Chennai: Life insurance companies increased their provisions in the first quarter following higher-than-expected Covid-related claims, which will affect results and cause a loss for some. The average number of Covid death claims in FY22…

MUMBAI: The Reserve Bank of India (RBI) was second behind Turkey in terms of reserves transferred to the government as a percentage of gross domestic product (GDP) for fiscal year 2020-2021. In FY20, the RBI ranked fourth in the surplus…

Business oi-Sunil Fernandes | Posted: Wednesday Jun 16, 2021 9:27 AM Global markets were trading mostly lower, ahead!--QLINKS_ON-->!--QLINKS_OFF-->…

The State Bank of India said on Friday it had awarded preferred shares to the government for a capital injection of Rs 3,000 crore. The bank allotted 42 11 70 854 new shares of Rs 10 each to the government (promoter) at Rs…

India VIX was in the red. (Photo: REUTERS)Share Market News Today | Sensex, Nifty, LIVE stock price: The benchmark stock indexes started trading on Friday at new all-time highs. Sensex jumped on the opening bell to hit a high of…

Mumbai: A report by SES, an institutional investor consultancy, alleged that the entire process of preferential allocation of PNB Housing Finance to global PE major Carlyle was ultra vires the law and was against minority shareholders of…

Dollar finds its footing as traders turn to key US inflation!--date-n-time-->…

Ahead of the kharif sowing, which begins in mid-June, the slow process of disbursing crop loans in Maharashtra has worried the government of Maha Vikas Aghadi because it is hurting farmers in the grip of the financial…

The State Bank of India (SBI) recorded a rebound in domestic advance growth to 5.67 percent in 2020-2021, while business credit declined by more than 3 percent, the bank said in its report on Friday. annual for fiscal year 21.…

IDBI Bank secured a $ 239 million judgment in the Commercial Division of the High Court in London against a Cypriot subsidiary of Indian group Essar Shipping, considered one of the largest debt judgments ever obtained by an…

A special court in two separate orders recently issued authorized the restoration of the properties of businessman Vijay Mallya and companies linked to him from a consortium of banks, led by the State Bank of India, to…

NEW DELHI: Speaking to former Finance Minister P Chidambaram for his comments on the economy, Finance Minister of State Anurag Thakur on Wednesday said India's growth would rebound thanks to coherent reforms and strong fundamentals .…

Opening bell: Sensex, Nifty open flat; auto drags, FMCG stocks gain!--date-n-time-->…

The SBI press conference today follows the Reserve Bank of India's resolution 2.0 framework and COVID-related loan relief measures unveiled by Governor Shaktikanta Das on May 5, 2021.SBI LIVE press conference: State Bank of India (SBI)…

MUMBAI: India Inc has stepped up efforts to contribute to the country's health infrastructure in the wake of the second wave of Covid. HDFC Bank, as part of its Parivartan program, will build and improve medical infrastructure across the…

Indian Bank believes a better response to the restructuring of loans under the Resolution Framework 2.0 announced by the Reserve Bank of India earlier this month. “We expect that this…

The Reserve Bank's Rs 50,000 crore liquidity window may help increase hospital bed capacity by up to 20% as credit will be available at cheaper costs, the credit rating agency said on Friday. credit. The window opened to banks as part of…

The Reserve Bank of India said today that banks deploying their own resources to lend to improve Covid-19 health infrastructure will also succeed in storing excess funds (up to the size of the Covid loan portfolio ) in the…

If you are unsure whether you should take out a mortgage with a bank or housing finance company, note that the latter usually have slightly higher interest rates than banks, but they might be better suited to high loan amount…

Image used for representation onlyA day after the RBI authorized another round of restructuring, the largest national rating agency Crisil said Thursday that half of the mid-size companies in its portfolio would be eligible for the…

Illustration: Soham Sen / ThePrint Text size: A- A + TThe Reserve Bank of India (RBI) has announced a new round of measures to tackle the economic disruption caused by the sharp…

In a bid to alleviate the scourge of the COVID-19 pandemic, the Reserve Bank on Wednesday released a resolution 2.0 framework under which individuals and small businesses with exposure of up to Rs 25 crore can opt for a loan…

The Reserve Bank of Indian has decided to authorize the classification of priority sector loans for loans granted by small financial banks (SFBs) to microfinance institutions (MFIs) for on-lending to individuals. The decision…

Foreign investors withdrew a net crore of Rs 7,622 from Indian markets in April, as a surge in COVID-19 cases and the resulting restrictions imposed by various states alters investor sentiment.According to data from custodians, foreign…

The Himachal Pradesh government withheld several economic data in the 2021-22 budget tabled in the State Assembly on Saturday, opposition leader Mukesh Agnihtori said on Monday.Starting the discussion on the budget, Agnihotri said the…

Reliance Home Finance Ltd (RHFL) said on Saturday it defaulted on a loan of over Rs 40 crore from Punjab & Sind Bank even though the company had sufficient cash and cash equivalents it could not use due to court order. The subsidiary…

Actor Rajpal yadav, who was sentenced to three months in prison in 2018 for defaulting on a loan of Rs 5 crore, said he had never fought back for the past decade and a half and did not want to 'carry the burden of the past'.Rajpal had…