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News  /  Published 12.09.22

CID raids Jodhpur Park, Sonarpur homes of IPS officer Debasish Dhar

Two homes of IPS officer Debasish Dhar were searched on Sunday by a team of CID officers in connection with a case of disproportionate assets against him. CID officers said Dhar, who earlier served i...
By Our Special Correspondent in Kolkata

Business  /  Published 07.08.22

State Bank profit drops 7%

The quarter saw SBI posting an MTM loss of Rs 6,549 crore. It led to a sharp drop in other income at Rs 2,312.20 crore against Rs 11,802.74 crore a year ago. As a result, operating profit dipped to Rs...
By Our Special Correspondent in Mumbai

Business  /  Published 06.08.22

Uco Bank profit rises 22%

In value terms, gross NPAs fell to Rs 9,739.65 crore from Rs 11,321.76 crore. Net NPAs too declined to 2.4 per cent in the quarter under review from 3.85 per cent a year ago. The bank’s provis...
By Our Bureau in Calcutta/New Delhi

Business  /  Published 27.07.22

Franklin drops exit plan

Franklin Templeton, the global asset manager, on Tuesday said that it is not exiting India and will be investing in rebuilding the brand in the country. The fund house had occupied headlines in April...
By Our Special Correspondent in Mumbai

Business  /  Published 24.07.22

ICICI Bank Q1 profit jumps

The net NPA ratio also declined to 0.70 per cent from 0.76 per cent during the same period. In absolute terms, its NPAs were at Rs 33,163.15 crore against Rs 33,919.52 crore in the previous three mont...
By Our Special Correspondent in Mumbai

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Business  /  Published 01.07.22

Stress tests bust bad loan fears

Bad loans of banks may decline in the current fiscal to 5.3 per cent of total advances from a six-year low of 5.9 per cent in March 2022, the Reserve Bank of India said in its bi-annual Financial Stab...
By Our Special Correspondent in Mumbai

Business  /  Published 21.06.22

Bad asset nudge to banks

The finance ministry on Monday held a meeting with heads of public sector banks (PSBs) to review their annual performance and progress made by them on various government schemes. The meeting was ...
By PTI in New Delhi

Business  /  Published 20.05.22

DRL profit falls 76%

“We will continue to focus on growing our core businesses, invest in future growth drivers and work towards greater integration of sustainability in our businesses,’’ G.V. Prasad, co...
By Our Special Correspondent in Mumbai

Business  /  Published 14.05.22

SBI profit up 41%, misses estimate

State Bank of India (SBI) on Friday reported a 41.30 per cent increase in standalone net profit for the quarter ended March 31, 2022 on lower provisions, but it missed analyst estimates sending the sc...
By Our Special Correspondent in Mumbai

India  /  Published 07.05.22

Group C staff owns 91 plots in Odisha

Odisha vigilance has launched a probe into the wealth amassed by a livestock inspector who owns 91 plots and other residential properties at prime locations in Bhubaneswar and Cuttack even though he i...
By Our Correspondent in Bhubaneswar


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