Chennai: Indian Financial institution loses title deed papers, fined Rs 3 lakh | Chennai Information

CHENNAI: The Madras excessive court docket has imposed Rs 3 lakh value on Indian Financial institution for dropping title deeds of an immovable property mortgaged by a non-public firm which is presently below liquidation. Appalled over the financial institution’s refusal to repair accountability on its officers for the lack of title deeds, Justice R Subramanian … Read more

Axis Securities: High 10 Diwali Muhurat Picks, SAMVAT 2078

SAMVAT 2078 Axis Securities suggest the next themes for SAMVAT 2078, considering all of those financial and market developments: Small and mid-cap shares are gaining traction, and stability sheet leveraging is predicted to repay in 2022, with elevated return ratios and profitability.Due to their improved outlook and current low rate of interest regime, housing and … Read more

ICICIdirect launches on the spot payout facility for mutual fund redemptions

Digital funding platform, ICICI Securities Ltd, on Friday introduced the launch of e-ATM facility for mutual funds, whereby clients can get on the spot payout on their MF redemption orders, in opposition to two-four working days within the regular cycle. With e-ATM for mutual funds, ICICIdirect’s clients can get payout inside half-hour of redemption. The … Read more

SBI Card Q2 outcomes: SBI Card Q2 outcomes: Internet revenue jumps 67% to Rs 345 crore

SBI Playing cards and Cost Companies (SBI Card) on Thursday reported a 67 per cent bounce in internet revenue at Rs 345 crore for the September quarter on the again of excellent development in retail and company spends. The pure-play bank card firm had registered a internet revenue of Rs 206 crore in the identical … Read more

Punjab Nationwide Financial institution’s (PNB) Standalone Internet Revenue Soared 78% In Q2 FY22

Information oi-Kuntala Sarkar | Up to date: Thursday, October 28, 2021, 10:08 [IST] Punjab Nationwide Financial institution (PNB), a prime public sector financial institution has introduced their Q2 FY22 outcomes that reported a standalone internet revenue of Rs. 1,105 crore for the Q2 FY22, which has elevated 78% from Rs. 621 crore in the identical … Read more

Axis Financial institution: Analysts optimistic on Axis Financial institution regardless of weak Q2

Mumbai: Shares of Axis Financial institution plunged 6.5% to Rs 787.35 because the personal lender’s mortgage progress within the September quarter lagged friends. Nevertheless, most brokerages have retained bullish suggestions on the inventory following the outcomes. “Axis Financial institution’s numbers had been disappointing on a number of fronts. Be it the mortgage progress, margins, slippages, … Read more