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Rs 210-crore bank fraud case: CBI books Chandra Proteco and its directorsThe CBI has registered an FIR against Chandra Proteco Limited and its directors over an alleged bank fraud of Rs 210.13 crore involving fiv...- Companies with high credit ratings shifting to bond market as bank loans become dearerIn the current economic climate, AAA-rated corporations are opting to secure financing via the bond market, finding it more cost-effective ...
- Cholamandalam Investment Q2 net profit rises 41% on strong income growth, plans Rs 5000 crore capital raiseCholamandalam Investment and Finance reported a 41% rise in second-quarter net profit to Rs 1,630 crore, helped by strong income growth, hi...
- Punjab National Bank customers in Greater Noida allege Rs 35 crore fraud, several employees suspendedPolice said the bank management had suspended several employees, including the branch manager, and a case was registered at the Beta-2 poli...
- Bandhan Bank Q2 profit jumps 5.6 times as asset quality improvesBandhan Bank reported a five-fold rise in Q2 profit to Rs 622 crore, supported by lower provisions and improving asset quality. Net interes...
- 'Talked to RBI, forcible recovery from farmers should be stopped': Maharashtra CMMaharashtra Chief Minister Devendra Fadnavis announced efforts to halt forceful loan recoveries by microfinance companies affecting farmers...
- Tata Capital Q2 net profit rises 51% on higher incomeTata Capital’s second-quarter net profit rose 51% year-on-year to Rs 1,660 crore, supported by higher interest income and loan growth. Asse...
- Tata Capital Q2 Results: Profit jumps 51% to Rs 1,660 crore; NII up 23%Tata Capital’s September-quarter net profit surged 51% year-on-year to Rs 1,660 crore, driven by loan growth, higher interest income and lo...
- Maharashtra to give 1.5 crore farmers Rs 5,000 each before DiwaliMaharashtra Chief Minister Devendra Fadnavis announced a drought relief package for 1.5 crore farmers. An advance amount of Rs 5,000 will b...
- PSU vs private banks: The real story behind the Q2 divergencePublic sector banks are experiencing stronger net interest margin growth compared to their private counterparts this quarter. Despite facin...
- Bandhan Bank denies acquisition talks with First Abu Dhabi BankBandhan Bank has denied reports of acquisition-related discussions with First Abu Dhabi Bank, calling its reference in a news report factua...
- Indian Overseas Bank to raise $500 million as Q2 profit jumps 56%Indian Overseas Bank plans to raise $500 million through external commercial borrowings in two tranches by December. The lender reported a ...
- AU Small Finance Bank shares tumble 10% after Q2 results, but Jefferies and Motilal see up to 37% upsideAU Small Finance Bank shares fell up to 10% despite a 53% year-on-year rise in Q2 net profit. Jefferies and Motilal Oswal retained Buy rati...
- Kotak Mahindra Bank shares climb 4% after Q2 results. What are Jefferies, Goldman Sachs saying?Kotak Mahindra Bank reported strong Q2FY27 earnings, with consolidated profit rising 26% year-on-year. Jefferies, Goldman Sachs, Motilal Os...
- Investments in emerging sectors rise, but bank and NBFC financing remain limited: ReportEmerging sectors like AI, semiconductors, and defence are attracting significant investments while bank lending is limited. The financing p...
- CBI books IL&FS Energy, executives in alleged Rs 212 crore Canara Bank loan fraud caseThe Central Bureau of Investigation has registered a case against IL&FS Energy Development Company and its executives over loan fraud. This...
- IDFC First Bank Q2 profit nearly triples to Rs 1,045 croreIDFC First Bank’s Q2 net profit tripled to Rs 1,045 crore, supported by strong loan and fee growth. Net interest income rose 21%, while net...
- Ashwini Vaishnaw and MP CM inaugurate two rail sections spanning 118 km, connecting Sidhi district to the railway network for the first time since Independence, through 53-km Satna–Devendranagar and 65-km Rewa–Churhat linesRailway Minister Ashwini Vaishnaw and Madhya Pradesh Chief Minister Mohan Yadav inaugurated two new rail sections on Saturday. These new co...
- HPCL refinances Rs 50,000 crore Rajasthan refinery debt, eyes Rs 1,000 crore annual interest savingsHPCL has refinanced about Rs 50,000 crore of debt at its Rajasthan refinery, cutting borrowing costs by 105 basis points and targeting annu...
- Banking liquidity surplus shrinks to Rs 541 crore as cash crunch increasesLiquidity surplus in the banking system was reported at ₹541 crore as of October 21. Banks have increased fund parking to meet their daily ...
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