US-based Avenue Capital-backed Asset Reconstruction Company (India) (ARCIL) has bought nearly ₹400 crore worth of bad loans or non-performing assets (NPAs) of Saraswat Bank with a haircut of nearly 86%. Saraswat Bank, one of the largest cooperative banks in the country, sold the NPA portfolio comprising retail and micro, small and medium enterprises (MSME) loans … Read more
K Satyanarayana Raju, MD & CEO, Canara Bank, says they have grown CASA at 5.05%, but in the current quarter whatever growth they targeted for deposits, the same growth they want reflected in the CASA also, so that CASA growth year-on-year at least will touch 8% while deposits will grow at 8-8.5%. Raju further said, … Read more
Infosys. Share Price 1612.75 04:05 PM | 12 Jan 2024 118.55(7.94%) Oil And Natural Gas Corporation. Share Price 223.40 04:05 PM | 12 Jan 2024 11.56(5.46%) Tech Mahindra. Share Price 1308.05 04:05 PM | 12 Jan 2024 58.65(4.70%) LTIMindtree. Share Price 6237.05 04:05 PM | 12 Jan 2024 277.11(4.65%) Tata Consultancy Services. Share Price 3882.80 … Read more
