UPI transactions had exited 2020 with the Rs 4-lakh-crore value mark in December. Unified Payments Interface (UPI) transaction volume and value have witnessed a contraction in February 2021 — the …
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Muthoot Finance on Tuesday reported a consolidated net profit of Rs 1,006.6 crore in the third quarter. NBFC Muthoot Finance on Tuesday reported a 17% year-on-year increase in its third …
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The bank’s pro forma non-performing assets (NPAs) stood at Rs 6,159 crore and it made provisions to the extent of Rs 4,722 crore, or 77%. IndusInd Bank’s net profit fell …
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Canara Bank’s shares on the BSE closed at Rs 131.15 on Wednesday, down 1.83% from their previous close. Public sector lender Canara Bank on Wednesday reported a 9% year-on-year (y-o-y) …
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However, had the bank classified borrower accounts as NPA after August 31, 2020, its proforma Gross NPA ratio and proforma Net NPA ratio would have been 3.42% and 1.93%, respectively, …
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The lender’s liquidity coverage ratio was at 248.26% for the December quarter. Federal Bank’s deposits grew 12% year-on-year during the third quarter of the current fiscal while gross advances reported …