On BSE, the stock opened strong at Rs 226.00, then gained further to hit a 52-week high of Rs 226.10, registering a rise of 2.84 percent over its previous closing price after its June quarter profit almost tripled to Rs 8,832.86 crore.
The bank has approved the revision in MCLR with effect from August 12, 2022, Bank of Baroda said in a regulatory filing.
Tata Chemicals on Tuesday reported an 86.25 per cent increase in consolidated net profit to Rs 637 crore during the quarter ending June 30.
The company’s net profit stood at Rs 342 crore in the corresponding quarter of the previous fiscal, Tata Chemicals said in a regulatory filing.
Before his appointment to the new position, Kumar served as Executive Director (Finance) of Power Grid Corporation.
Senior citizens will get the benefit of an additional 0.50 per cent per annum interest on their deposits, the release added.
A blockchain and crypto investor in his own right, Saitama Official is very positive about the future of blockchain technology.
The RBI issued an order in this regard on August 1, 2022. The Cooperative Bank has been penalised for non-compliance with section 9 read with section 56 of the Banking Regulation Act, 1949 (the Act), the RBI said.
Last month, RBI asked banks to put in place additional arrangements for export and import transactions in Indian rupees in view of increasing interest of the global trading community in the domestic currency.
Also, the watchdog has suggested strengthening the framework for green bonds by amplifying the definition of green debt securities and enhancing disclosures, according to a consultation paper.
Besides, JSW Steel is also eyeing to amalgamate JSW Ispat Special Products with it by the end of the ongoing fiscal.
The share of housing loans in bank credit has increased to 14.4 per cent in June 2022 from 13.1 per cent in March 2020.
So far in current fiscal year, 11 companies have gone public to garner Rs 33,254 crore. Of these, a lion’s share (Rs 20,557 crore) was raised by the public issue of Life Insurance Corporation of India (LIC).
The bank had reported a net profit of Rs 101.81 crore in the same quarter of financial year 2021-22.
Tiger Global’s Internet Fund VI Pte Ltd had a holding of 5.11 per cent in the online food delivery platform before the sale.
As per data released by the automobile dealers’ body FADA on Thursday, the overall automobile retail sales last month stood at 14,36,927 units, as compared with 15,59,106 units in July 2021.
The nation’s biggest life insurer with revenue of USD 97.26 billion and a profit of USD 553.8 million, was ranked 98th on the just released Fortune 500 list.
Cryptocurrency’s most reputed name, John G, shares his top five most trusted sources to stay updated about all the happening crypto developments.
The deadline for filing I-T returns, by those taxpayers who do not have to get their accounts audited for the fiscal ended on March 31, 2022, is Sunday.