Tuesday, Apr 23 2024 | Time 21:44 Hrs(IST)
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Business Economy


Andhra Bank posts Rs 579 cr loss in Q3

Hyderabad, Feb 11 (UNI) Andhra Bank has posted Rs 579 crore loss in the third quarter ended December 31, 2018 on account provisions made for bad loans.

In a release here on Monday night, Andhra Bank said in the quarter , made provisions at Rs 1,808 crore (Rs 1862 crore last year).

The gross non-performing assets and net NPAs have stood at 16.68 per cent and 6.99 per cent respectively.

Total income, however, rose to about Rs 5,322 crore for the third quarter of 2018-19 as against about Rs 5,093 crore in same period last year.
UNI KNR RHK 2311
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Sensex ends in green; up 89 83 points

Sensex ends in green; up 89 83 points

23 Apr 2024 | 6:58 PM

Mumbai, April 23 (UNI) The stock market on Tuesday opened strong with 400 points up with all-round shopping but paired early gains towards end of the trading hour and closed at 73,738, about 90 points up from its previous close.

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FHRAI seeks govt intervention to utilize increased FAR scheme for hotel industry expansion

23 Apr 2024 | 6:55 PM

New Delhi, Apr 23 (UNI) The apex association of hotels and restaurants FHRAI has approached the Government for resolution of long pending issue of not able to use the provision of increased Floor Area Ratio (FAR) saying this coming in the way to expanding the capacity and new hotel developments in Delhi.

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23 Apr 2024 | 6:22 PM

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Kottayam-Kochi Rubber Market Rates

23 Apr 2024 | 6:11 PM

Kottayam, April 23 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal.

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Rupee marginally up 3 paise against USD

23 Apr 2024 | 4:37 PM

Mumbai, April 23 (UNI) The Rupee on Tuesday gained three paise to close at 83.34 against the USD on selling US Dollar by bankers and exporters, dealers at the Foreign exchange said.

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