Posts in category Business Standard
Indian Bank gross advances jumps 12% in Q4 (06-04-2024)
Indian Bank announced that its gross advances increased 12.7% to Rs 5.34 lakh crore as of 31 March 2024 as against Rs 4.74 crore as of 31 March 2023.
Godrej Consumer reports strong sales volume growth in Q4 (06-04-2024)
Godrej Consumer Products said that India organic business continued to deliver strong underlying volume growth at high-single digit with growth being broad-based across both home care and personal care.
Titan revenue rises 17% YoY in Q4 (06-04-2024)
Titan Company said that it has registered a revenue growth of 17% YoY for the quarter ended 31 March 2024.
Tata Steel Production rises 4% YoY in Q4 (06-04-2024)
The steel major's India business reported 4.46% increase in crude steel production to 5.38 million tons in Q4 FY24 as compared with 5.15 million tons posted in Q4 FY23.
Karur Vysya Bank increases MCLRs by 10 bps across tenors (06-04-2024)
With effect from 07 April 2024
Dalmia Cement (Bharat) to acquire 18% stake in a wind power entity (06-04-2024)
For purpose of captive consumption
Bankers assessed sustained loan demand across major sectors during Q424 says RBI (06-04-2024)
Reserve Bank of India or RBI has released the results of 27th round of its quarterly Bank Lending Survey, which captures qualitative assessment and expectations of major scheduled commercial banks on credit parameters (viz., loan demand as well as terms and conditions of loans) for major economic sectors. The latest round of the survey, which was conducted during Q4:2023-24, collected senior loan officers' assessment of credit parameters for Q4:2023-24 and their expectations for Q1, Q2 and Q3 of 2024-25.
Union Bank of India domestic advances jumps 11% YoY in Q4 (06-04-2024)
The public lender reported 11.24% increase in domestic advances to Rs 8,73,592 crore in Q4 FY24 as against Rs 7,85,302 crore recorded as on Q4 FY23.
Amber Ent arm signs JV agreement with 3 companies (06-04-2024)
Amber Enterprises India said that its wholly owned subsidiary, AT Railway Sub Systems signed Joint venture (JV) agreement with Yujin Machinery, Sinkodia Pte, Dujin International to form joint venture company.
CARE reaffirms credit ratings of Metro Brands with ‘stable’ outlook (06-04-2024)
Metro Brands said that CARE Ratings has reaffirmed its rating on the long-term facilities of the company at 'CARE AA' with 'stable' outlook.