Finance news

Public sector lender Allahabad Bank on Wednesday reported a net profit of Rs 128 crore for the first quarter ended June 30, against a net loss of Rs 1,944.37 crore in the same period a year ago, on the back of over 50% decline in provisioning for bad loans.

Deposits with the banking system grew 10.59% y-o-y, fastest in over three months, to Rs 126.49 lakh crore during the fortnight to July 19.

Banks led by State Bank of India (SBI) are working on a common policy framework for lending to the gems and jewellery sector, a senior executive said here.

Aspire raises $32.5M to help SMEs secure fast finance in Southeast Asia  TechCrunchAspire, a Singapore-based startup that helps SMEs secure working capital, has raised $32.5 million in a new financing round to expand its presence in several ...

Yahoo Finance EIC goes 24 hours without Google, Amazon, Facebook, Apple  Yahoo FinanceYahoo Finance's Editor-in-Chief Andy Serwer gave up 'FAANG' for 24 hours, that includes Facebook, Amazon, Apple, Netflix and Google. He joins Yahoo ...

New finance system gives school heads nightmares  nation.co.keBesides school fees, the template will also capture other income generating activities.

Aye Finance raises Rs 55 crore from DCB Bank  Economic TimesThe MSME lender was recently in the news when it announced its expansion plans of adding 67 branches and increasing its presence to 171 branches in 18 ...

Egypt's Pharos, Renaissance Capital selected to manage e-finance’s IPO  ZAWYAThe financial technology firm plans to increase its capital by 10-15% - ZAWYA MENA Edition.

Indian Finance Minister Addresses Crypto Proposal - Industry Responds  Bitcoin NewsIndia's finance minister has broken silence and talked about the crypto draft bill and report her department is examining which propose to ban cryptocurrencies.

Personal Finance: Five Biases To Shed When Investing  BloombergQuintBehavioural bias is not just a complex-sounding investment theory, but a concept that has intrigued researchers around the world. Its core is very simple – we ...

New finance system gives school heads nightmares  Daily NationBesides school fees, the template will also capture other income generating activities.

Apple Finance Ltd. - Board Meeting Intimation for To Consider And Approve The Unaudited Financial Results For The Quarter Ended June 30, 2019.  The Hindu BusinessLineAPPLE FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/08/2019 ,inter alia, to consider and ...

Property finance squeeze opens opportunity for Credit Suisse  The Australian Financial ReviewLenders such as Credit Suisse have moved swiftly to eat up some of the commercial property finance demand as the mainstream banks retreat.

Geefcee Finance Ltd. - Financial Result Released For The Quarter Ended On 30Th June, 2019  The Hindu BusinessLineComments will be moderated by The Hindu Business Line editorial team. Comments that are abusive, personal, incendiary or irrelevant cannot be published.

Malaysia's journey to become the next Asian superpower  World FinanceIn 1991, Mahathir Mohamad, who served as prime minister of Malaysia from 1981 to 2003, and again since 2018, pledged to transform the East Asian island ...

Selling the Asian retail business, as some have advocated, would defy common sense. That may be one of the suggestions of a dissident group of large investors, analysts and some bank insiders.

Yahoo Finance Premium Grand Central Terminal Pop-Up  Yahoo FinanceYahoo Finance Premium allows investors to easily identify unique opportunities with exclusive company insights including innovation, hiring, operations KPIs, ...

Who is Rajiv Kumar, the new finance secretary  LivemintRajiv Kumar to be new Finance Secretary  Economic TimesRajiv Kumar appointed as new Finance Secretary  Business TodayRajiv Kumar appointed Finance Secretary after Subhash Gargs exit  Business StandardGovernment appoints Rajiv Kumar as finance secretary  CNBCTV18View full coverage on Google News

Wall Street Finance reports consolidated net profit of Rs 0.22 crore in the June 2019 quarter  Business StandardSales rise 44.88% to Rs 8.20 crore. Net profit of Wall Street Finance reported to Rs 0.22 crore in the quarter ended June 2019 as against net loss of Rs 0.39 ...

Shriram City Union Finance consolidated net profit rises 10.05% in the June 2019 quarter  Business StandardSales rise 6.53% to Rs 1571.29 crore. Net profit of Shriram City Union Finance rose 10.05% to Rs 258.48 crore in the quarter ended June 2019 as against Rs ...

Lufax Vice President Yunny Lee Envisions a Self-Improving Future of Finance  PRNewswireBEIJING, July 30, 2019 /PRNewswire/ -- Lufax vice president Yunny Lee shared her insights and Lufax's best practices on breakthrough financial technologies ...

Muthoot Finance pauses gold loans for a few days  The New Indian ExpressBankers do not see any stress in gold loans as it is all secured loans of short duration and the prices are not posing a risk to the value of the underlying security ...

Wolters Kluwer Successfully Implements OneSumX for Finance at Small Medium Enterprise Development Bank Malaysia Berhad  Business WireSINGAPORE--(BUSINESS WIRE)--Wolters Kluwer's Finance Risk & Reporting (FRR) business has successfully deployed its OneSumX for Finance software at ...

5 Personal Finance Books Everyone Should Own  FatherlyThe world of finance is complicated and a bit overwhelming, especially when you're doing it for your family. That's why it's always a good idea to read up, for both ...

TPG RE Finance Trust, Inc. (TRTX) Q2 2019 Earnings Call Transcript  Yahoo FinanceTRTX earnings call for the period ending June 30, 2019.

Horizon Technology Finance: 2Q Earnings Snapshot  Yahoo FinanceFARMINGTON, Conn. (AP) _ Horizon Technology Finance Corp. (HRZN) on Tuesday reported second-quarter net income of $4.5 million. The Farmington ...