DLF's net debt up 3% to Rs 21,600 crore

Last Updated: Friday, August 14, 2015, 15:47

Realty major DLF's net debt rose by Rs 633 crore to reach nearly Rs 21,600 crore at the end of the April-June quarter but the company said it is looking to raise private equity funds at project level to reduce debt.

GE to sell Healthcare Financial Services for $9 bn

Last Updated: Wednesday, August 12, 2015, 03:40

General Electric said Tuesday it has agreed to sell its Healthcare Financial Services and related loans to US bank Capital One for $9 billion.

Worst is over on asset quality: SBI

Last Updated: Tuesday, August 11, 2015, 22:29

Country's largest lender SBI Tuesday said its worst asset-quality woes are behind it, expressing confidence that the situation will only improve going forward.

State Bank of India Q1 net profit rises 6% to Rs 4,714 crore

Last Updated: Tuesday, August 11, 2015, 15:09

State Bank of India on Tuesday reported a 5.9 percent increase in net profit at Rs 4,713.57 crore for the first quarter ended June on the back of a decline in bad loans.

Tata Power eyes stressed assets for growth: Cyrus Mistry

Last Updated: Thursday, August 6, 2015, 19:30

At the peak of project delays during the previous regime, due to lack of fuel linkages and green clearances, Tata Power had gone public.

Stressed loans to add $16 billion to Indian banks' capital needs

Last Updated: Thursday, August 6, 2015, 13:34

Most state-run lenders have high levels of bad loans and their shares are trading below their book values.

Rajan warns of action against banks hiding true NPA numbers

Last Updated: Tuesday, August 4, 2015, 22:02

Concerned over banks hiding their actual NPA numbers, RBI Governor Raghuram Rajan Tuesday said the central bank is "increasingly turning towards taking action" on such divergences.

DLF seeks shareholders nod to raise up to Rs 7,500 crore

Last Updated: Tuesday, August 4, 2015, 19:43

Realty major DLF is seeking shareholders' approval to create charge, lien or pledge on its over 50 percent shares in three subsidiaries, which holds rental commercial assets, for raising up to Rs 7,500 crore.

Black money abroad declaration form can be filed online

Last Updated: Saturday, August 1, 2015, 00:33

The government has notified the form for declaring income and assets abroad as well rules for their calculation under the Undisclosed Foreign Income and Assets Bill and these can also be filed online, parliament was told on Friday.

Yes Bank shares gain nearly 3% on rise in Q1 net profit

Last Updated: Wednesday, July 29, 2015, 18:39

Shares of Yes Bank rose nearly 3 percent Wednesday after the company reported 27.7 percent rise in net profit during the first quarter ended June, 2015.

Barclays to speed up cost-cuts after new mis-selling hit

Last Updated: Wednesday, July 29, 2015, 17:43

Barclays` new executive chairman sought to stamp his mark on the bank on Wednesday by accelerating the sale of assets and cost cutting, after the group reported an 12 percent rise in profit and another big charge to compensate customers.

RBI says 'watchful' of banks' bad loans levels

Last Updated: Wednesday, July 29, 2015, 10:01

Reserve Bank of India Deputy Governor S. S. Mundra said the latest April-June earnings from state-owned lenders showed "stability" in terms of non-performing assets (NPAs), but added the central bank would remain "watchful."