Banking and Finance

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Covid-19 takes heavy toll on V-Guard; Q1 profit nosedives to Rs3.64cr

Huge Covid-related provisions dent Kotak Bank Q1 profit at Rs1,244.45cr

Arab Bank H1 profit declines by two-thirds to $152m

Ind-Ra downgrades Go Air to BBB+; maintains RWN

Oman Insurance reports AED54.13m profit for Q2

SBI Funds Management gets RBI nod to buy up to 10% in CSB Bank

DIB puts on good show in Q2 with AED1b profit despite COVID

Mashreq Q2 profit falls 86% to AED85m as impairment allowance soars

L&T’s Q1 profit declines more than two-thirds to Rs536.88cr

Diaspora bond issue to have unit face value at Rs25,000

Kerala borrows Rs500cr through 4-year bonds at 5.3%

IL&FS debt addressed under IBC reaches Rs57,000cr

Dispute on ‘audit opinion’ triggered exit of Coffee Day auditors?

Muthoot Finance puts its share split plan on hold

India’s forex reserves at all-time high of $516.36b

Don’t turn down COVID claims from make-shift hospitals, regulator tells insurers

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