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Latest Articles in private sector

Federal Bank aims 'mid-teen' growth in credit for FY22

The bank is 'fairly close' to the objective of having a 55:45 split in the loan book between retail and wholesale loans, and would like to maintain it the same way going ahead as well.

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Budget 2021: Govt is facilitator, private sector driver of growth, says Sitharaman

Budget 2021: Govt is facilitator, private sector driver of growth, says Sitharaman

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Principal Secretary to PM chairs meeting on COVID-19 vaccination, plans to involve private healthcare facilities discussed

Principal Secretary to PM chairs meeting on COVID-19 vaccination, plans to involve private healthcare facilities discussed

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Kotak Mahindra Bank Announces Launch Of Kotak Remit On Mobile

The private sector lender said that it is an industry-first move, and customers will not have to furnish any physical documents for transactions up to USD 25,000 or equivalent seamlessly to permissible geographies across the world.

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“Energy Sector And Innovation: In Collaboration With Schneider Electric And Plaksha”

“Focus should be very much on how digital can help to save energy, along with decreasing emissions.”

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Indusind Bank Q3 Net Slips 37% As Provisions For Bad Loans Soar

The overall provisions rose to Rs 1,853 crore that included Rs 1,100 crore of COVID-related provisions, as against Rs 1,043 crore in the year-ago period

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Kotak Mahindra Bank Q3 Profit Rises 16 % To Rs 1,854 Cr

Total income rose to Rs 8,124.92 crore during the quarter under review from Rs 8,077.03 crore in the year-ago period

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Yes Bank Reports Q3 Net At Rs 147 Cr; COVID Ups Stressed Assets

The net interest margin came at 3.4 per cent, but the same is not sustainable as once the SC ruling on standstill accounts comes in, there will be interest outgo

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Farm Corporatisation And Indian Private Sector

Contract farming is getting unpopular due to a gulf in the understanding between private companies and farmers. Let us look at the case of Punjab, one of the main beneficiaries of the Green Revolution of the 1970s.

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Indian Insurers Prepared To Withstand Economic Downturn: Moody's

Profitability and solvency concerns are driving mergers and acquisition in the private sector, and some private players are planning public listings in order to raise capital, according to the agency.

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HDFC Bank Shares Gain Over 2 % After Q3 Earnings

The country's largest private sector lender on Saturday reported a 14.36 per cent jump in consolidated net profit to Rs 8,760 crore for the December quarter, driven by a surge in core income.

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Lebanon Inks Final Deal For 2.1 Million Doses Of Pfizer-BioNTech Vaccine

Lebanon has also signed up for 2.7 million doses to be delivered through COVAX, the global scheme backed by the World Health Organization to provide vaccines to poorer countries.

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Year Of Promises And Challenge

The pandemic inflicted year of 2020 be­came a watershed with the liberalisation of agro-marketing being unleashed with a bang, first by way of ordinances and then by Acts in the midst of lockdowns in different phases.

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Axis Bank Ties Up With Hyundai Motor India For Auto Retail Financing

The auto loans industry is now looking at a paradigm shift in providing customers a unified native journey right from car research to online booking, online loan sanction to closing all formalities and getting the car delivered at their doorstep

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HDFC Bank Records Loan Growth Of 16 % In Dec Quarter

The bank had an outstanding loan of Rs 9,36,000 crore as of December 31, 2019, and a growth of around 4 per cent, HDFC Bank said in a regulatory filing. It stood at Rs 10,38,300 crore as of September 30, 2020.

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