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Apollo Microsystems IPO Oversubscribed 247.5 Times
Apollo Microsystems which closed its IPO issue today has bagged the record of over 200 times subscription mainly due to non-institutional investor class which bade for closely 1000 times the portion reserved for them. The data with the exchanges showed ...
HDFC Q2 Profit Up 15%, Asset Quality Stable
Housing major HDFC or Housing Development Finance Corporation reported better set of numbers for the quarter ended September with a net increase in profit of 15% to Rs 2,101 crore in contrast to Rs 1,826.5 crore in the same quarter last ...
Kotak Mahindra Net Profits Rise 20% YoY; NPA Improves
The private sector lender reported its Q2 results with a YoY increase in net profits to the tune of Rs 1,440.68 crore, which is an over 19% increase. The net interest income of the bank also increased in the quarter ending ...
How can bad loans for bank turn bad for you?
Loan book of a bank forms it asset base. And, the difference in the returns generated from such loans and interest provided by banks on deposits held, determines the bank's Net Interest Income or NII. It is on the basis which ...
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