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Home Articles NPA
Ujjivan Small Finance Bank posts highest quarterly profit at Rs 294 cr \
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Ujjivan Small Finance Bank posts highest quarterly profit at Rs 294 cr

 07-Nov-2022
Sequentially, Ujjivan Small Finance Bank's net profit increased nearly 45 per cent from Rs 203 crore in the quarter ended June 2022. In the reviewed quarter, total income rose 63 per cent to Rs 1,139.83 crore, against Rs 699.74 crore in the year-ago period.
07-Nov-2022 Business
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Indian Overseas Bank profit jumps 33 pc in second quarter \
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Indian Overseas Bank profit jumps 33 pc in second quarter

 07-Nov-2022
The Chennai-headquartered lender said its total income grew by 15 per cent on a year-on-year basis, to Rs 5,852.45 crore, against Rs 5,090.72 crore in the year-ago period. Of which, interest income grew by 11 per cent during this reviewed period to Rs 4,717.61 crore.
07-Nov-2022 Business
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CreditAccess Grameen posts highest-ever quarterly profit growth at 195% \
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CreditAccess Grameen posts highest-ever quarterly profit growth at 195%

 26-Oct-2022
The MFI's total income rose 31 per cent year-on-year to Rs 814.3 crore from Rs 618.6 crore in the corresponding quarter the previous year. Its net interest income increased 39.9 per cent to Rs 516.2 crore from Rs 368.9 crore in the year-ago period. However, impairment of financial instruments declined 24.7 per cent to Rs 105.4 crore from Rs 139.9 crore.
26-Oct-2022 Business
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Poonawalla Fincorp Q2FY23 PAT jumps 71 per cent YoY to Rs 163 Crores \
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Poonawalla Fincorp Q2FY23 PAT jumps 71 per cent YoY to Rs 163 Crores

 22-Oct-2022
Pune (Maharashtra) [India], October 22 (ANI/BusinessWire India): The Board of Directors of Poonawalla Fincorp Limited, a non-deposit taking systemically important NBFC focusing on consumer and MSME finance, today announced its unaudited financial results for the quarter ended Sep 30, 2022.
22-Oct-2022 Business
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Bajaj Finance posts highest-ever 88 pc jump in profit \
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Bajaj Finance posts highest-ever 88 pc jump in profit

 20-Oct-2022
Pune (Maharashtra) [India], October 20 (ANI): Bajaj Finance on Thursday posted an 88 per cent jump in its net profit to Rs 2,781 crore during the quarter ended September 30, against Rs 1,481 crore in the year-ago period.
20-Oct-2022 Business
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Growth picking up with most sectors operating at pre-pandemic levels: Survey \
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Growth picking up with most sectors operating at pre-pandemic levels: Survey

 29-Aug-2022
New Delhi [India], August 29 (ANI): The economic activity in India is in recovery mode as growth seen broad basing with most sectors operating at pre-pandemic levels, a joint survey conducted by industry body FICCI and Indian Banks' Association revealed. The uptick in growth was despite a muted start to this year due to emergence of Omicron variant.
29-Aug-2022 Business
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ICICI Bank’s gross NPA ratio declines to 3.41 per cent \
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ICICI Bank’s gross NPA ratio declines to 3.41 per cent

 23-Jul-2022
Mumbai (Maharashtra) [India], July 23 (ANI): India's second-largest private sector lender ICICI Bank on Saturday reported an improvement in its asset quality with gross non-performing asset (NPA) declining to 3.41 per cent as of June 30, 2022, as compared to 5.15 per cent recorded on the same date last year.
23-Jul-2022 Business
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Delhi: Man arrested for cheating bank through forged loan documents \
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Delhi: Man arrested for cheating bank through forged loan documents

 06-Jun-2022
New Delhi [India] June 6 (ANI): Economic Offences Wing, Delhi Police arrested a man for allegedly cheating a nationalized bank on the basis of forged loan documents to obtain crores of rupees on Sunday.
06-Jun-2022 National
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ECI’s action against 2,100 parties ‘cleanup of NPA’s in political space’ \
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ECI’s action against 2,100 parties ‘cleanup of NPA’s in political space’

 26-May-2022
New Delhi [India], May 26 (ANI): Action against over 2,100 registered unrecognised political parties (RUPPs) for non-compliance with statutory requirements, especially related to income tax exemptions and filing of audited reports, is a cleanup exercise of the non-performing assets (NPA) in the political space in the country.
26-May-2022 National
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Union Bank of India Q4 profit rises 8 per cent to Rs 1,440 cr \
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Union Bank of India Q4 profit rises 8 per cent to Rs 1,440 cr

 14-May-2022
New Delhi [India], May 13 (ANI): State-owned Union Bank of India on Friday reported a standalone net profit of Rs 1,440 crore for the fourth quarter of 2021-22, posting a year-on-year increase of around 8 per cent.
14-May-2022 Business
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