News Source: Daily News & Analysis
| 21 days ago
An improved version was announced on August 8, which is supposed to be on for three months. This three-month period ends November 8, which is this Saturday," says the SBI official. "But the decision on whether to extend the scheme or discontinue has...
News Source: Daily News & Analysis
| 21 days ago
In the first half of the year, the company garnered a new business premium of Rs2,391 crore. The insurer has posted a net profit of Rs116 crore in the first six months of the current fiscal. The total premium of the company in the first half grew by...
News Source: Daily News & Analysis
| 22 days ago
That, in a nutshell, is the story of banks in the September quarter. Aggregate net profit is up 20.2% for 37 banks which have declared their September quarter results -- in line with analyst estimates. Net profit rose primarily because other income...
News Source: Daily News & Analysis
| 22 days ago
Growth was driven mainly by a 50.4% growth in non-interest income to Rs3,525.16 crore. Non-interest income includes fee income, trading income, commissions, mark-to-market profit and licence fees. Net interest income (NII), however, rose only 2.8%...