DCB Bank announced its quarterly results on August 8, 2020. Total income grew by 0.7% yoy to Rs950.7cr in Q1FY21 from Rs944.46cr in Q1FY20. Net interest income (NII) stood at Rs306.73cr which witnessed a growth of 0.6% yoy,as against Rs304.75cr it had reported in Q1FY20. Operating profit for Q1FY21 stood […]
Banking & Business
Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr No Treasury Bill Notified Amount(in ₹ crore) Auction Date Settlement date 1 91 Day 12,000 August 12, 2020(Wednesday) August 13, 2020(Thursday) 2 182 Day 13,000 3 364 Day 10,000 Total […]
RBI has made it clear that the facility would be available for ‘standard’ accounts and reference date for the outstanding debt shall be March 1, 2020. The Reserve Bank of India (RBI) on Thursday decided to grant banks a one-time window to recast corporate loans, which will help cap the […]
By Iain Withers and Lawrence White LONDON – Britain’s banks took a gloomier view than almost all their European peers in their second quarter earnings, as coronavirus fears, Brexit and low interest rates caused them to bake tougher “worst-case” scenarios into their risk models. Investors had expected a torrid set […]
Hindi News Business Warren Buffett Company Berkshire Hathaway Profit Rose 87 Pc In June Quarter नई दिल्ली3 घंटे पहले कॉपी लिंक महामारी का विमानन उद्योग पर बेहद बुरा असर पड़ने के कारण बर्कशायर ने हालांकि एयरक्राफ्ट्स के पार्ट्स बनाने वाली अपनी सहायक कंपनी प्रसीजन कास्टपार्ट्स का वैल्यू इस दौरान करीब […]
Nitin Gadkari (File photo) NEW DELHI: To boost ‘self-reliant India’ endeavour, Union minister Nitin Gadkari on Saturday urged the industry to identify the sectors heavily reliant on imports, particularly from China, and look for substitutes towards indigenous production to make India a super power. Asserting that a case study is […]
Multiplex operators have urged mall owners to sharply reduce the rentals or get into revenue-sharing agreements, as restrictions to contain the spread of COVID-19 had severely impacted their revenue and profitability. The lack of good content in the future would also lead to revenue loss adding to their woes, they […]
नई दिल्ली। अमेरिकी बहुराष्ट्रीय दवा निर्माता कंपनी कि भारतीय सहयोगी एबॉट इंडिया का वित्त वर्ष 2020-21 की पहली तिमाही (अप्रैल-जून) का शुद्ध लाभ 54.22 प्रतिशत बढ़कर 180.35 करोड़ रुपये पर पहुंच गया। वित्त वर्ष 2019-20 की समान तिमाही में कंपनी ने 116.94 करोड़ रुपये का शुद्ध लाभ कमाया था। बॉम्बे […]
Affle (India) Ltd announced its Q1FY21 results on Aug 8, 2020. Consolidated net revenue of Affle (India) Ltd in Q1FY21 stood at Rs89.77cr, which rose by 20.38% yoy from Rs74.57cr in Q1FY20. EBITDA stood at Rs22.47cr in Q1FY21 which rose by 20.35% yoy. For Q1FY20, it had posted EBITDA of […]
The Reserve Bank of India, in exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949, hereby directs that the Directive DCBS.CO.BSD-IV/D-11/12.28.118/2015-16 dated August 28, 2015 issued to The Vaish Co-operative Commercial Bank Ltd., New Delhi, as […]