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About 1.6% of its total loans are non-performing while gross NPA was 0.44% when it comes to educational loans, the company said. “The company has always focused on prudent management of cash flows and thus, has maintained a strong ALM (asset-liability mismatches) with positive mismatches across all time buckets,” it added.
Stocks in news: DLF, BHEL, YES Bank, Heranba Industries, NBCC, Sun TV and ZEELCG Power, BEML, DFM Foods and Cochin Shipyard are among the companies that will announce their March quarter results today.
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… Read MoreRush for wills to secure family wealth in CovidSuccession Plans, Separating Personal Assets From Biz Help Battle Pandemic Uncertainties
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… Read MoreUS stocks end higher, erasing weekly loss for the S&P 500The S&P 500 gained 19.63 points to 4,239.18, just beating the index's previous all-time high set on May 7th. The Dow Jones Industrial Average edged up 19.10 points, or 0.1%, to 34,466.24. The Nasdaq Composite rose 108.58 … Read MoreFed balance sheet tops $8 trillion for first time: DataThe report also showed the Fed appears to have sold around $160 million of its corporate debt holdings since Monday, following the announcement it would unwind its nearly $14 billion corporate credit portfolio. As a first ste… Read MoreEdelweiss Financial Services posts Rs 637 cr profit in Q4Total consolidated income during January-March 2021 jumped to Rs 4,480.95 crore as against Rs 1,965.87 crore in the year-ago period, Edelweiss said.
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