Beyond 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 2019Central Bank of India CEO Pallav Mohapatra is looking to create a vertical for stressed assets and contain slippages to turn a corner
2 min read15 Jan 2019The Q3 results were good enough for investors to forgive Bandhan Bank for its IL&FS mistake, as was evident in the 3.8% rise in share price
2 min read11 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 IL&FS crisis and its fallout on overall liquidity conditions of NBFCs cannot be overlooked by ICICI Bank investors
1 min read29 Oct 2018ICICI Bank made a net loss of 120 crore ($17.47 million) in the three months to 30 June, compared with a profit of 2049 crore a year earlier
1 min read27 Jul 2018Indian Bank reported a 59% fall in net profit to Rs132 crore, missing consensus estimates by a mile, even as its toxic assets rose 68% from a year ago to Rs1,546 crore
1 min read11 May 2018The Chanda Kochhar - Videocon loan controversy, an RBI penalty and under-subscription of a pruned ICICI Securities IPO have failed to deter analysts from re-rating the stock
4 min read2 Apr 2018Irrespective of whether banks or even PNB get back their dues, all lenders having direct or indirect exposure to the clutch of companies declared as fraudulent will have to make 100% provisioning in the fourth quarter of 2017-18
2 min read19 Feb 2018Public sector banks are indeed getting their act together as they reported 8% growth and 14.9% increase in non-interest income in the September quarter
1 min read24 Nov 2017The 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