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ICICI <strong>Bank</strong> Q1 net rises 12 percent to Rs 2,976 crore

ICICI Bank Q1 net rises 12 percent to Rs 2,976 crore

31 Jul 2015

New Delhi: Private sector lender ICICI Bank today reported a 12.08 percent growth in net profit at Rs 2,976.16 crore, its record quarterly profit, for the quarter ended June despite increase in stress on asset quality.

ICICI Bank,   Q1 net profit,   Private sector lender,   ICICI,   Quarterly profit,   Latest Business News,  
Hong Kong fines SBI for violation of anti-money laundering law

Hong Kong fines SBI for violation of anti-money laundering law

31 Jul 2015

New Delhi: The Hong Kong central bank today penalised State Bank of India's Hong Kong branch USD 1 million (Hong Kong dollar 7.5 million) for alleged violation of local anti-money laundering and counter-terror financing laws.

Hong Kong,   SBI,   Anti money laundering law,   Hong Kong central bank,   State Bank of Hong Kong,   Latest Business News,  
 Kotak Mahindra <strong>Bank</strong> Q1 net profit falls 26 percent to Rs 517 crore

Kotak Mahindra Bank Q1 net profit falls 26 percent to Rs 517 crore

31 Jul 2015

New Delhi: Private sector lender Kotak Mahindra Bank yesterday reported 25.8 percent decline in net profit at Rs 516.57 crore for the first quarter ended June 2015 on account of higher provisioning for bad loans.

Kotak Mahindra Bank,   Kotak Mahindra,   ING Vysya Bank,   net profit,   Latest business news ,  
RBI may keep rates unchanged in August 4 policy meet: Ind-Ra

RBI may keep rates unchanged in August 4 policy meet: Ind-Ra

31 Jul 2015

New Delhi: The Reserve Bank is likely to keep the repo rate unchanged in its upcoming third bi-monthly monetary policy meet scheduled on Tuesday, said India Ratings and Research (Ind-Ra) in a note today.

Reserve Bank,   Repo rate,   RBI,   Monetary policy,   India Ratings ,  
RBI Governor meets Arun Jaitley ahead of August 4 policy meet

RBI Governor meets Arun Jaitley ahead of August 4 policy meet

31 Jul 2015

New Delhi: Ahead of the third bi-monthly monetary policy review on August 4, Reserve Bank Governor Raghuram Rajan today met Finance Minister Arun Jaitley and discussed a wide range of issues.

Monetary policy,   Policy review,   Reserve Bank,   RBI Governor,   Raghuram Rajan,   Finance Minister,   Arun Jaitley,  
Bad loans drag Dena Bank's Q1 profit 81 percent to Rs 15 crore

Bad loans drag Dena Bank's Q1 profit 81 percent to Rs 15 crore

30 Jul 2015

New Delhi: Public sector Dena Bank's net profit plunged 81.4 percent to Rs 15.16 crore in the first quarter ended June 30 in the current fiscal on a sharp rise in bad loans.

Bad loans,   Dena Bank,   Q1 profit,   Public sector Bank,   First quarter report,   Latest Business News ,  
Yes <strong>Bank</strong> Q1 net up 28 percent at Rs 551 crore on high interest income

Yes Bank Q1 net up 28 percent at Rs 551 crore on high interest income

29 Jul 2015

New Delhi: Private sector lender Yes Bank today reported 27.7 percent rise in net profit to Rs 551.20 crore during the first quarter ended June 30, 2015-16, on higher net interest income.

Yes Bank,   Interest income,   Yes Bank interest rate,   Yes Bank loan,  
Government recruited 9,303 people from Minority communities this fiscal

Government recruited 9,303 people from Minority communities this fiscal

28 Jul 2015

New Delhi: As many as 9,303 people belonging to Minority communities were recruited in Central government, public sector undertakings and banks in 2014-15 fiscal, Parliament was informed yesterday.

minority community,   Central government,   public sector undertakings,   Indian government,   government employment,   government employees,   government recruitment,   latest India news,  
Moody's cautions against curbing RBI autonomy on policy rates

Moody's cautions against curbing RBI autonomy on policy rates

30 Jul 2015

New Delhi: Moody's today cautioned against tampering with the independence of the Reserve Bank of India (RBI) in deciding on interest rates saying it would hurt India's economic prospects.

Moodys,   RBI,   Autonomy of RBI,   Independence of RBI,   Reserve Bank of India,   Economic of India,   Indian Financial Code,   Latest Business News ,  
PNB Q1 net plummets 49 percent to Rs 721 crore on higher provisioning

PNB Q1 net plummets 49 percent to Rs 721 crore on higher provisioning

28 Jul 2015

New Delhi: Pulled down by higher bad loan provisioning, country's second largest public sector lender PNB's net profit during the June quarter nearly halved to Rs 721 crore.

PNB Q1 net,   bad loan provisioning,   Public sector bank,   PNB,   Punjab Nation Bank,   Quarter reports of PNB,   Latest Business News ,  

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