The RBI assessed the bank's gross NPAs at Rs 32,145.13 crore, higher by Rs 507.30 crore than the bank's estimates, as on March 31, 2016, the report said
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BW Businessworld’s Clifford Alvares spoke to Zaheer Merchant, Director of Corporate Affairs at QNet on the direct selling guidelines that have been recently issued by the Ministry of Corporate Affairs and also the road ahead for direct selling
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Gross non-performing assets (NPAs) of the bank rose to 7.21 per cent, from 6.97 per cent a year ago. Net NPAs however came down to 4.05 per cent of net advances from, 4.48 per cent
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Do not rush into real estate as a leveraged investment right now. If you're buying as an end user, consider your unique life situation before singing up. Remember that a home loan is a long-term contract, and your equity in the property will build up at a snail's pace. A misstep could cost you heavily
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RBL Bank reported a jump of 44.9 per cent in net profit at Rs 141.02 crore for the first quarter ended June on healthy growth in core income. The private bank had registered a net profit of Rs 97.34 crore during the April-June quarter of previous fiscal
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ICICI Bank will be selling personal loans of up to Rs 15 lakh through its ATMs that can be availed of by select salaried customers even if they haven't previously applied for one
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Be prepared for some bumps along the way, knowing fully well that equity markets are bound to outperform other asset classes in the long run
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Kotak Mahindra Bank, India's fourth largest private sector lender by assets, posted a 23 per cent jump in its first-quarter net profit, helped by higher interest and fee income
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