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interest income news

ICICI Bank Q1 results: Net profit grows 14.62%, gross NPAs fall 9.75%, NIM down

A bird flies past the facade of the ICICI bank head office in Mumbai (Reuters)
business
Updated on Jul 27, 2024 07:35 pm IST

Canara Bank Q1 net profit up 10% to ₹3,905 crore

Interest income grew to ₹28,701 crore during the period under review, from ₹25,004 crore in the corresponding quarter a year ago.
business
Published on Jul 25, 2024 02:33 pm IST

Budget 2024: SBI Chairman pitches for tax relief on interest earnings

Budget 2024: SBI chairman Dinesh Kumar Khara pitched for tax relief on interest income, saying it would help banks to garner savings that could be used for funding long-term infra projects.
budget
Updated on Jun 21, 2024 08:58 am IST

IndusInd Bank Q2 profit up 22% to ₹2,202 cr

IndusInd Bank
business
Published on Oct 18, 2023 10:58 pm IST

ICICI Bank shares jump nearly 6% over record-high Q2 profit

The stock gained 6.64 per cent to ₹418.65 on the BSE.
business
Updated on Nov 02, 2020 12:19 pm IST

SBI posts record quarterly profit as bad loan provisions drop

SBI’s shares rose as much as 3.5% in a Mumbai market that was trading 0.1% lower as of 0830 GMT.
business
Updated on Jan 31, 2020 02:36 pm IST

Assocham suggests tax sops for senior citizens

Assocham in its budget memorandum also suggested against tax deduction at source from payment of interest to senior citizens.
india news
Updated on Jun 19, 2019 05:13 pm IST

ITR form tweaks you must know

Unlike last year, from this year all individuals (apart from super senior citizens—individuals above the age of 80 years) need to compulsorily file their ITRS electronically.
business
Updated on Jun 18, 2019 10:37 am IST

Tax relief for senior citizens upto ₹5 lakh

A notification to this effect was issued on Wednesday, but CBDT is considering issuing an explanatory statement in simple, non-technical language, given the immense implications for senior citizens who pay taxes, said the official.
india news
Published on May 24, 2019 10:17 pm IST

Decoding tax exemptions

The first exempt implies investment qualifies for exemption.
business
Updated on May 13, 2019 03:16 pm IST

EPFO could raise rate, increase basic pension

Employees’ Provident Fund Organisation in New Delhi.
india news
Updated on Feb 21, 2019 06:52 am IST

Bandhan Bank Q1 net profit jumps 47% to ₹482 crore

Bandhan Bank had posted a net profit of ₹327 crore in the April-June quarter of 2017-18.
business
Updated on Jul 18, 2018 02:32 pm IST
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