Tag Archives: declines

Cholamandalam Investment and Finance Q4 net profit declines 85% to Rs 43 crore

Cholamandalam Investment and Finance Co Ltd (CIFCL) on Wednesday reported a 85 per cent decline in net profit to Rs 43 crore in the fourth quarter ended March, due to higher provision of Rs 504 crore related to the COVID-19 pandemic and the possible macroeconomic threats. The diversified financial services company had reported a net profit of Rs 292 crore ... Read More »

Number of bank fraud declines to 6,735 in 2018-19, says FM Nirmala Sitharaman

The bank fraud incidence involving over Rs 1 lakh has declined to 6,735 in 2018-19 as compared to 9,866 in the previous fiscal, Parliament was informed Tuesday. The bank fraud incidence involving over Rs 1 lakh has declined to 6,735 in 2018-19 as compared to 9,866 in the previous fiscal, Parliament was informed Tuesday. During 2018-19, as many as 6,735 ... Read More »