A recent press report said that YES bank’s profit has increased from 176 crore to 235 crore in the July – September 2011 compared to the previous year. Mr. Rana Kapoor, CEO and Managing Director YES Bank said that the growth in the profit was through the Diversification of income said by. The net interest… Read More »
According to the recent press report Dalmier India Commercial vehicle (DICV) and HDFC Bank has tied up together for financing commercial vehicles. The CEO and Managing Director Mr. Marc Llistosella of DICV and HDFC Bank managing Director Aditya Puri had signed the MOU for their combined operations. Reports said that HDFC Bank will analyse the… Read More »
According to a recent press report Mr. Amitabh Chaturvedi, MD and CEO, Dhanlaxmi Bank has said that the bank has planned to shore up their capital adequacy ratio and also to support its expansion plans. Mr. Chaturvedi on speaking about the allegations of fudging of accounts and under-provisioning said that there was no concern with… Read More »
According to a recent press report Mr. B. Muthuraman, President, Confederation of Indian Industry has said that the Central bank should put a pause to its interest rate hikes as the consumer and capital goods segments are showing slow growth According to Mr. Salil Bhandari, the Punjab, Haryana Chamber President, it is essential to ensure… Read More »
According to a recent press report State Bank of Bikaner and Jaipur, has planned to offer instant car loans online for customers with clean financial record. Reports said that borrowers interested in the offer can login the website, sbbjbank.com and apply online. If the applicant is eligible for the loan a sanction letter will be… Read More »
According to a recent press report the fixed Deposit scheme offered by Mahindra finance provides maximum security, maximum 12.58% returns to their customers. The credit rating Agency FAAA CRISIL has rated Mahindra Finance as highest safest one to Deposit. Mahindra and Mahindra Financial Services Limited is one of India’s leading non-banking finance companies. The bank… Read More »
A recent press report said that the growth in lending loans have not shown any positive signs during this festival season. The fall in the credit growth from 21.5 percent to 19.45 percent starts at the beginning of the financial year. The negative growth in lending loans starts from first week of October, amount to… Read More »
According to a recent press report the net profit of Dewan Housing finance Limited has gone up to Rs. 72crore from Rs. 58 crore when compared with the previous year September quarter 30, 2010. Mr. Prashant Chaturvedi, Head Finance Dewan Housing finance Limited said that the extraordinary income Rs 35 crore which the company already… Read More »
A recent press report said that State Bank of Travancore (SBT), has said that its net profit has fallen by 28.51% to Rs 116.95 crore in the second quarter ended September 30, 2011. The bank had posted a net profit of Rs 163.59 crore for the July-September period of 2010. Reports said that the total… Read More »
A recent press report said that YES bank’s profit has increased from 176 crore to 235 crore in the July – September 2011 compared to the previous year. Mr. Rana Kapoor, CEO and Managing Director YES Bank said that the growth in the profit was through the Diversification of income said by. The net interest… Read More »