Mumbai: Increasing enforcement of penalties by the Reserve Bank of India (RBI) last fiscal are reflected in the sharp jump on bank payments under such heads during the year. Reserve Bank of India (RBI) data in the annually published Trend and Progress of Banking in India 2023-24 shows that the total penalties paid by public…
READ MOREPrivate sector lender Yes Bank on Friday said its loans and advances rose by 12.6% year-on-year (YoY) to Rs 2,45,035 crore as of December 31, 2024, from Rs 2,17,523 crore in the previous corresponding year. Quarter-on-quarter (QoQ), loans grew by 4.2% from Rs 2,35,117 crore on September 30, 2024. Deposits grew by 14.6% on a…
READ MOREIn a market where high-priced stocks like Elcid Investments, trading at Rs 2.10 lakh per share, already seem out of reach for many investors, PropShare Platina REIT has shattered records with its unit price closing at Rs 10.49 lakh on its debut day. This makes the newly-listed SM REIT not only the priciest security on…
READ MORENifty ended Friday with weekly declines of 2.7%, falling in all five sessions during the week. When markets resume trading on Monday, a host of important domestic and global events lined up for the week are likely to impact them. On Friday, Nifty closed at 24,180.80, lower by 218.60 points or 0.9%. Commenting on the…
READ MOREMeanwhile, the interest earned in the reported quarter stood at Rs 7,719.15 crore, higher by 19.8% from Rs 6,443.22 crore reported in the corresponding quarter of the previous financial year.Interests expended during the reported quarter stood at Rs 5,475.11 crore, up from Rs 4,443.6 crore reported by the lender in the year-ago period. This was…
READ MOREThe week will end with the announcement of 33 earnings on Saturday where heavyweight HDFC Bank will declare its April-June quarter results along with lenders Kotak Mahindra Bank and Yes Bank. Other important results that the Street would be keeping its eye on include Can Fin Homes, JK Cement, Poonawalla Fincorp and Netweb Technologies. On…
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