Tag Archives: rise

Bajaj Finance posts 52% rise in Q3 profit, sets aside ₹85 crore for Karvy loan

Consumer durable lender Bajaj Finance on Wednesday reported a 52% year-on-year (y-o-y) rise in consolidated net profit of ₹1,614.11 crore, its highest-ever quarterly profit, on the back of healthy interest income. Bajaj Finance’s interest income surged 39% y-o-y to ₹6,104.84 crore in the December quarter of FY20. The other large component of its revenues was in the form of fees and commission ... Read More »

RBI’s Financial Stability Report: Progress may stall, gross NPA ratio likely to rise to 9.9% by Sept 2020

Private sector banks registered double-digit credit growth of 16.5 per cent in September 2019. (Representational image) A Reserve Bank of India (RBI) report released on Friday showed that the worst may not be over for banks on the bad loan front as gross non-performing asset (GNPA) ratio of banks may increase to 9.9 per cent by September 2020 from 9.3 ... Read More »

Parkinson’s disease: Stress, lifestyle lead to rise in young patients

New Delhi: Early onset of the disease impact as much as 25 percent of the patients of Parkinson’s who are aged between 20 to 40 years, according to the doctors at Indian Spinal Injury Center. Moreover, city doctors inform that stress and lifestyle are largely contributing to the rise of the neurodegenerative Parkinson’s disease in young adults, though the disease ... Read More »

As ‘Brexit’ Tensions Rise, E.U. Proposal Targets London Finance

Valdis Dombrovskis, a European Commission vice president, in Brussels on Thursday. “In the context of Brexit, we see that the situation is changing,” he said. CreditEric Vidal/Reuters European Union officials fired an opening salvo on Thursday in a “Brexit”-related dispute that could threaten London’s status as the undisputed financial capital of Europe and affect hundreds of trillions of dollars’ worth ... Read More »

New car sales on course for record year after November rise

British new car registrations rose by nearly 3 percent last month, an industry body said on Monday, putting the sector on course for record sales in 2016, although demand from retail customers fell for the eighth month in a row. Strong demand from businesses for fleet vehicles compensated for the fall in individual buyers, lifting overall sales by 2.9 percent ... Read More »