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Lakshmi Vilas Bank Q1 net loss widens to Rs.237 cr

Mumbai, Aug. 6 -- Lakshmi Vilas Bank on Tuesday said its net loss widened to Rs.237 crore in the first quarter of FY20, mainly on account of higher provisioning and lower growth in net interest income... Read More


Central Bank back in the black, Q1 net profit at Rs.118 crore

Mumbai, Aug. 6 -- Central Bank of India returned to profit in the first quarter ended June 2019 aided by lower provisioning. The bank posted a net profit Rs.118.33 crore for the three months ended 30 ... Read More


Union Bank Q1 net profit beats Street, rises 73%

Mumbai, Aug. 2 -- Union Bank on Friday said its first-quarter net profit rose 73.25% on the back of lower provisioning. The bank posted a net profit Rs.224.43 crore for the three months ended 30 June,... Read More


Axis Bank Q1 net profit rises 95% to Rs.1370 crore, asset quality remains stable

New Delhi, July 30 -- Axis Bank on Tuesday posted 95.42% YoY rise in net profit at Rs.1370.08 crore for the quarter ended June on the back of higher net interest income and other income. It had report... Read More


Sebi seeks public comments on issues related to proxy advisers

New Delhi, July 29 -- The Securities and Exchange Board of India (Sebi) on Monday said that it has sought public comments on report submitted by the working group on issues related to proxy adviser. C... Read More


Bank of Baroda Q1 net profit rises 34% to Rs.710 crore

Mumbai, July 25 -- Bank of Baroda on Thursday said its first quarter net profit rose 34% on the back of higher net interest income and other income. The state-owned lender posted a net profit Rs.710 ... Read More


Canara Bank Q1 result: Profit jumps 17% to Rs.329 crore

Mumbai, July 24 -- Canara Bank on Wednesday said its net profit in the June quarter rose 17% year-on-year on the back of lower provision and improved asset quality. The bank posted a net profit of Rs... Read More