Tag Archives: jumps

Muthoot Finance Q3 net profit jumps 59% to Rs 464 cr

Muthoot Finance today reported 59 per cent jump in its consolidated net profit to Rs 464 crore for the third quarter ended December 31, the highest ever quarterly gains on increased demand for loans. The company had made a net profit of Rs 291 crore during the corresponding quarter of 2016-17. Total income grew by 16 per cent to Rs ... Read More »

Ripple Jumps 41% To Trade At $1.50

Ripple’s market cap rose from $45 billion to $55 billion in just one day. Following the upward trajectory of bitcoins and ethereum, ripple also rose by 41% in one day, following the continuous fall reported in past few days. Ripple rose to $1.50 on Thursday, as per the BitStamp data. All cryptocurrencies were battered in past two days after media ... Read More »

DCB Bank Q4 profit up 10%, NII jumps 30%; asset quality improves

Moneycontrol Bureau Private sector lender DCB Bank   ‘s profit in January-March quarter increased 10.4 percent year-on-year to Rs 69.5 crore, driven by net interest income and other income but higher provisions limited growth. Net interest income, the difference between interest earned and interest expended, grew by 30 percent to Rs 168.69 crore during the quarter compared to Rs 129.68 ... Read More »