Bank of Maharashtra net profit jumps 103 % to ₹ 264 crore in Sept quarter
The Hindu
The bank's recovery from written-off accounts stood at ₹ 340 crore.
State-owned Bank of Maharashtra on Thursday reported a 103 % jump in its standalone net profit to ₹ 264 crore in the September 2021 quarter, helped by healthy growth in net interest income.
The lender had reported a standalone profit after tax of ₹ 130 crore in the same quarter of the previous fiscal.
The bank's performance in the July-September 2021 period was good despite the pandemic, the bank's Managing Director and CEO A.S. Rajeev said.
Tuhin Kanta Pandey appointed as SEBI Chairperson, focusing on technology, trust, transparency, and teamwork for institution's growth.
Key infrastructure sectors' output grew by 4.6% in January 2025, with coal, steel, and electricity production increasing.
Commerce Minister Piyush Goyal to negotiate bilateral trade agreement with US, aiming to boost commerce and investments.
Tuhin Kanta Pandey borrows from a near four-decade career in public administration that had him serving as a district collector and magistrate of Odisha’s Sambalpur district to being recently made Revenue Secretary in addition to his position as Finance Secretary.
A Cognizant subsidiary took Infosys to court, alleging that the IT major had stolen data from their proprietary software.
Bajaj Auto Ltd. launches Bajaj GoGo electric autos with long range, segment-first features, and trusted reliability for customers.
The U.S. President’s economic and tariff policies and measures to secure his country’s borders may seem justified in terms of promoting his nation’s interests but have wider ramifications not only for Americans themselves, but also for the rest of the world. His tariff proposals will result in supply chain disruptions, lead to market and currency volatility, disrupt capital and trade flows, contribute to inflation and cause a decline in world trade and economic growth, worsening the plight of the poor, especially in developing economies.