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Yes Bank Q1 net profit surges 46.7% on lower provisions

Private sector lender Yes Bank on Saturday reported a 46.7 per cent growth in net profit to Rs 502 crore for the June 2024 quarter, helped by a reduction in provisions. Photograph: PTI Photo from......

'MSMEs, mid-corporate will be focus for loan growth'

'As these segments are growing at 25 per cent for the last three years, credit quality has been extremely good.' At a time when most lenders are focusing on growing their retail loan portfolio,......

Yes Bank Q4 profit doubles to Rs 452 crore

Yes Bank on Saturday reported over two-fold jump in standalone net profit at Rs 452 crore for March quarter 2023-24, primarily due to benefits on the provision front. Photograph: PTI Photo from......

Public banks demands remain largely unmet in Budget

Public sector banks are disappointed with the Union Budget 2015. Budget Provisions Allocated Rs 7940 crore for recapitalization of Public Sector Banks in 2015-16 to help them maintain comfortable......

Confused about the Budget proposals? Please read this

Extends fiscal deficit reduction roadmap by one year to 2017-18 Raises services tax, to implement GST by April 2016 and cut corporation tax from 2016-17 to 25% by 2020 The Government has presented......

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