Thursday, July 24, 2014

YES Bank profit rises 10% in Q1 as provisioning declines

Our Bureau | Mumbai, July 23  

Rise in net restricted by drop in operating profit and muted retail lending »

Big Daddy banks will need to bulk up capital

Radhika Merwin | BL Research Bureau  

The Reserve Bank of India’s proposed framework for domestic systemically important banks (D-SIB) may require the government to loosen its purse strings significantly to help public sector banks... »

L&T Finance Q1 net up 15%

Our Bureau | Mumbai, July 23  

Aided by higher retail margins, stable credit cost »

Rupee ends at one-week high of 60.10

Our Bureau | Mumbai, July 23    

The rupee ended at an over one-week high of  60.10 a dollar against the previous close of 60.25, on the back of dollar sales by banks and sustained flows in the domestic equity market.Th... »

GIC Housing Finance posts Rs. 25-cr Q1 profit

Our Bureau | Mumbai, July 23  

The housing finance arm of re-insurer General Insurance Corp – GIC Housing Finance Limited – posted a net profit of Rs. 25 crore for the quarter ended June 30, 2014 compared to Rs. 24 crore... »

RBI tweaks G-sec limits for foreign investors

Our Bureau | Mumbai, July 23  

The Reserve Bank of India has increased the investment limit available to foreign investors to put their money in government securities by $5 billion.Correspondingly, the central ban... »

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