Kolkata: Microfinance company Satin Creditcare Network reported an over three-fold surge in consolidated net profit at Rs 176 crore for the second quarter as compared with Rs 53 crore in the year ago period, signalling the recovery from asset quality stre... See more
Kolkata: Reserve Bank of India Governor Sanjay Malhotra on Tuesday urged state governments to ensure quality of expenditure, and adopt prudent borrowing and cash management practices for the benefit of their long term fiscal health. Addressing the 36th co... See more
Bank of Maharashtra reported a 41.5% jump in second quarter net profit at Rs 2,310 crore as compared with Rs 1,633 crore in the year ago period, backed by business growth and asset quality improvement . The bank's return on assets improved to 2.02 % for t... See more
State-owned Indian Overseas Bank is looking to raise $500 million in external commercial borrowing in two equal tranches by the end of December using the Reserve Bank of India's (RBI) concessional swap facility. ADVERTISEMENT The first tranche of $250 mil... See more
Bank of Maharashtra reported a 41.5% jump in second quarter net profit at Rs 2,310 crore as compared with Rs 1,633 crore in the year ago period, backed by business growth and asset quality improvement. ADVERTISEMENT The bank's return on assets improved to... See more