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Former home secy Ajay Kumar Bhalla appointed Manipur Guv amid ethnic violence resurgence | Five soldiers killed, several injured as Army truck falls into Poonch gorge | Allu Arjun quizzed by police in Pushpa 2 stampede case | Wanted Indian drug smuggler killed in the US | Congress leader files complaint against Allu Arjun for 'insulting police' in Pushpa 2: The Rule | Ahead of Jaishankar's US visit, foreign secretary Vikram Misri meets top US diplomats | India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people

Axis Bank Limited raises Rs 10,000 crore through its Qualified Institutions Placement

Aug 12, 2020, at 02:28 am

Mumbai/IBNS: Axis Bank Limited, one of India’s largest private sector banks, recently announced that it has raised Rs 10,000 crore through its Qualified Institutions Placement (QIP).

Most Indian banks fail on policies of climate change and human rights, according to a recent study

Oct 04, 2019, at 01:10 pm

Kolkata, Oct 3 (IBNS): Indian banks have policies on parameters of financial inclusion and corruption but most are found wanting on social, environmental and human rights’ issues in their investment policies, according to the first edition of Fair Finance Guide India scorecard.

Bandhan Bank's net profit up over 47 per cent in Q1 FY2018-19

Jul 19, 2018, at 01:06 pm

Kolkata, July 18 (IBNS): Bandhan Bank saw a 47.5 per cent increase in its net profit in the first quarter ending June 30, 2018, with Net Interest Income up 39.5 per cent and CASA ratio at 35.46 per cent, according to the company.

Banks may need 20% incremental provisioning for 50 large stressed assets: Study

Aug 05, 2017, at 01:28 am

New Delhi, Aug 4 (IBNS): Banks may require an incremental provisioning of 20 per cent against cumulative debt of 50 large stressed assets worth over Rs.3 lakh crore in construction, power, metals and other sectors that constitute about half of the gross non-performing assets of the banking sector, noted a recent joint study by ASSOCHAM-Crisil.