Kotak Bank’s Q2 net rises 4.8% year-on-year
MUMBAI: Kotak Mahindra Bank reported a 4.8% year-on-year (YoY) increase in net profit for Q2FY25, reaching Rs 3,344 crore. However,...
Business news
Senior citizen health cover, term insurance likely to be GST-free
NEW DELHI: A group of state finance ministers is veering towards GST exemption on term insurance plans, while also considering...
HDFC Bank net profit rises 5% to 16,821 crore for Q2 FY25
MUMBAI: HDFC Bank reported a 5% rise in standalone net profit to Rs 16,821 crore for Q2FY25, up from Rs...
HDFC Bank Q2 profit jumps 5% to Rs 16,821 crore
NEW DELHI: HDFC Bank's net profit rose 5% to Rs 16,821 crore in the quarter ending September 30, compared to...
GoM proposes to slash GST on water bottles, bicycles; raise rate on shoes, watches
The Group of Ministers (GoM) on GST rate rationalisation on Saturday discussed potential changes in tax rates for various goods...
Afcons Infrastructure Ltd to launch IPO on October 25, aims to raise Rs 5,430 crore
NEW DELHI: Afcons Infrastructure Ltd is set to launch its initial public offering (IPO) on October 25, aiming to raise...
UCO Bank posts 50% jump in net profit to Rs 603 crore in Q2
NEW DELHI: State-owned UCO Bank on Saturday posted a 50 per cent jump in net profit to Rs 603 crore...
GST on term life and health insurance premiums may be exempted
NEW DELHI: The Group of Ministers (GoM) on Saturday decided to exempt the Goods and Services Tax (GST) on term...
Kotak Mahindra Bank’s profit increase 5% in Q2 FY25
Kotak Mahindra Bank reported a slight increase of 5% in its standalone profit for the second quarter ended September, amounting...
RBI bars Sachin Bansal’s Navi Finserv, 3 other NBFCs
MUMBAI: RBI has ordered four non-banking finance companies to "cease and desist from sanction and disbursal of loans" due to...