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United Arab Bank Reports Financial Results For Six Months Ended 30Th June 2023

United Arab Bank Reports Financial Results For Six Months Ended 30Th June 2023
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Shirish Bhide , United Arab Bank , Menafn Emirates News Agency , News Agency , Financial Results , Net Profit , Net Interest Income , Net Interest , Provision Coverage , Wholesale Banking , Retail Banking , Capital Markets , Sheikh Faisal , Salem Al Qassimi , Chief Executive Officer ,

FM tells PSBs to boost deposits, farm credit

Chairing a meeting to review the performance of PSBs on various financial health parameters for FY23, the finance minister advised banks to ensure an increase in rural, agriculture and sectoral credit in order to meet PSL norms. ....

Bhagwat Kisanrao Karad , V Anantha Nageswaran , Aatmanirbhar Nidhi Pmsvanidhi , Sanjay Malhotra , Tuhin Kanta Pandey , Dinesh Khara , Vivek Joshi , Bhagwat Kishanrao Karad , Manoj Joshi , Corporate Affairs Manoj Gohil , Public Enterprises Ali Raza Rizvi , Financial Services , Pradhan Mantri Street Vendor , Atmanirbhar Nidhi , Union Minister , Urban Local Bodies , Regional Rural Banks , Asset Liability , Finance Dr Bhagwat Kisanrao Karad , Finance Secretary , Secretary Public Enterprises Ali Raza Rizvi , Revenue Sanjay Malhotra , Urban Affairs , Chief Economic Advisor , State Bank , Public Sector Banks ,

United Arab Bank reports financial results for the quarter ending 31st March 2023

UAB posted a Net Profit of Dhs54.8 million for Q1 2023, compared to a net profit of Dhs30.4 million in Q1 2022 representing an increase of 80%. The growth in net profit is a result of improved Net Interest Income and lower provision charges. ....

United Arab Bank , United Arab Emirates , Shirish Bhide , Net Profit , Net Interest Income , Net Interest , Provision Coverage , Wholesale Banking , Retail Banking , Capital Markets , Sheikh Faisal , Salem Al Qassimi , Chief Executive Officer ,

SBI Q3FY22 YoY net profit up 62% at over Rs 8000 crore

SBI reported its highest quarterly net profit at Rs 8,432 crore in Q3FY22. ....

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Credit Suisse | Credit Suisse upgrades L&T Finance to 'outperform'; target price raised

Updated Mar 16, 2021 | 15:32 IST
Credit Suisse maintains outperformance on L&T Finance, raised target price to Rs 122 from Rs 76/sh
Representational Image | Photo Credit: BCCL
Key Highlights
Strong momentum in rural and infra disbursements
High provision buffers to aid normalization of credit costs
L&T Finance in focus as Credit Suisse has come up with its brokerage note. It maintains an Outperformance stance, target price raised to Rs 122 from Rs 76 per share which implies 19% upside. Key factors contributing to this upside, Strong Momentum in disbursements followed by high provision buffers to aid normalization of credit cost and expects ROE to double in FY22E. ....

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