NPA crisis will improve the credit market: Rashesh Shah, Edelweiss Group

Edelweiss Group chairman Rashesh Shah and his wife Vidya Shah share views on a range of subjects, including business, credit crisis, corporate governance.

from Banking/Finance-Industry-Economic Times http://bit.ly/2VPJCav

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IDFC First Bank posts net loss of ₹218 cr in Q4 FY19

IDFC First Bank has posted a net loss of ₹218 crore for the fourth quarter of 2018-19 due to high provisioning. The lender had a net profit of ₹41.93

from Business Line - Money & Banking http://bit.ly/2PWz4AZ

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SBI posts good numbers in Q4, loan growth robust

State Bank of India on Friday swung to a profit of Rs 838.40 crore for the three months to March against a loss of Rs 7,718.17 crore in Q4FY18.

from The Financial ExpressBanking & Finance – The Financial Express http://bit.ly/2HbmUBb

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Allahabad Bank net loss widens to Rs 3,834 crore in Q4

Allahabad Bank on Friday reported widening of its net loss to Rs 3,834.07 crore for the quarter ended March 31, 2019 against a net loss of Rs 3,509.63 crore for the same period a year ago, due to a rise in provisions to cover bad loans.

from The Financial ExpressBanking & Finance – The Financial Express http://bit.ly/2Ym233U

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Non-food credit growth grew 13 per cent in fortnight ended April 26

Non-food bank credit grew a reasonably good 13.13% year-on-year (y-o-y) in the fortnight ended April 26, although somewhat slower than the 14.2% in the previous fortnight, as per the data released by the RBI.

from The Financial ExpressBanking & Finance – The Financial Express http://bit.ly/2Hd9Ifq

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