Tag Archives: Q4

Indian Bank posts net loss of Rs 190 cr in Q4 FY19

TOPICS Quarterly Results quarterly or semiannual financial statement Indian Bank State-owned Indian Bank reported a net loss of Rs 189.77 crore in the fourth quarter of the financial year ended March 2019, as high level of bad loans required substantial amount to be kept as provisioning parking. The bank had registered a net profit of Rs 131.98 crore during the similar January-March ... Read More »

HDFC Standard Life Insurance Q4 FY18 review: Premium valuations to sustain

It has been estimated that India has nearly 17 percent of the world’s population but when it comes to protection gap, it is huge. As it is India accounts for less than 1.5 percent of the world’s total insurance premium and inspite of the growing insurance market in the country, India is still both under-penetrated and inadequately insured. A transformation ... 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 »