Overall negative sentiment dragged down stocks of most private banks, including that of RBL Bank and IDFC First BankLakshmi Vilas Bank reeled under selling pressure after the RBI placed it in the prompt corrective action list on Saturday
1 min read1 Oct 2019The gross NPAs was ₹8.65 trillion at the end of December 2018The loan recovery in FY19 also improved to ₹1,21,076 crore
1 min read30 Aug 2019Beyond asset quality, DCB Bank reported Q3 profit in line with estimates, as well as a healthy core income growth of 17%
1 min read22 Jan 2019Bandhan Bank's profit stood at 331.20 crore in Q3 even as provisions against a gross NPA ratio of 2.41% trebled to 378 crore on year-on-year basis
2 min read11 Jan 2019The share swap ratio set for the merger of Dena Bank, Vijaya Bank and Bank of Baroda (BoB) confirm that the rescue mission for the weakest bank will leave everyone a loser
2 min read3 Jan 2019Stock ends up 1.58% on the BSE after a number of brokerage firms recommend a buy rating for the stock
1 min read14 Nov 2018IDBI Bank reported a loss of Rs3,602.49 crore against Rs197.84 crore a year ago. Tax writeback for the quarter stood at Rs2,127.33 crore against Rs260.53 crore last year same quarter
1 min read14 Nov 2018Axis Bank investors seem to have found the light at the end of the NPA tunnel, while the same cannot be said about PNBseemingly still reeling with the PNB fraud case
1 min read5 Nov 2018Bank's performance was boosted by higher net interest income and lower provisions
2 min read2 Nov 2018The IL&FS crisis and its fallout on overall liquidity conditions of NBFCs cannot be overlooked by ICICI Bank investors
1 min read29 Oct 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared