News for 'Asutosh Mishra'

Cyclone toll in Andhra mounts to 45

Can Setty Take SBI To New Heights?

It is to be seen if SBI under Setty, who will have a three-year term, can ride the economic cycle to take SBI to new heights, navigating some of these challenges.

Banks' bottom line improves as bad loans continue to fall

Commercial banks in the country continued with their improving asset quality trend in the October-December 2021 quarter with slippages remaining under control coupled with healthy recoveries and upgradation of asset classification. The 28-listed banks reported improvement in bottom line with net profits rising 64.1 per cent year-on-year (YoY) and 21.5 per cent sequentially. This is mostly on account of a fall in provisions and contingencies.

FPIs invest over Rs 17,000 cr in equities so far in May

Experts believe FPIs will keep a close watch on coronavirus pandemic, its spread and likely impact on the economy while making decisions about investment into India.

Coal blocks cancellation, a big blow for PSU banks

Despite high exposure of public sector banks to power, iron and steel sectors, analysts remain in a wait-and-watch mode.

Fraud puts a fourth of PNB's net worth at risk

The event will also hurt PNB's asset quality in the March 2018 quarter. While the finer details of the fraud have not been provided, making it difficult to gauge the exact impact, analysts say it will dent the bank's financials.