Car Insurance Axis Bank Quarterly Results

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Private sector Axis Bank on Tuesday reported 83 per cent plunge in net profit for the July-September quarter at Rs 319 crore mainly due to higher provisioning for bad loans. The bank had posted a net profit of Rs 1,915.64 crore for the July-September.

Watch: Axis Bank declares its quarterly results; swung into a loss of Rs 2,188.74 crore in Q4 FY18FD Interest Rates: Get complete details about Top 10 Banks Fixed Deposit Rates in India for regular deposit & senior citizens in India. Compare Best FD rates & check online FD Interest Rate Calculator to calculate maturity amount, tenure &.

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led by ICICI Bank and Axis Bank,” said analysts led by M B Mahesh at Kotak Institutional Equities, referring to higher delinquent loans. They predict January-March 2018 results would confirm a quarter of “pain” for Indian lenders. Read this story in.

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“The bank has duly recorded the impact of such re-classifications in the results for the quarter ended 30th September 2017,” said Axis Bank. The bank has a total loan outstanding of Rs 7,041 crore against the Insolvency and Bankruptcy Code.

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Despite the recent drop, car insurance prices on average are still £97 more expensive. which is based on data from almost six million customer quotes per quarter. EU gender rules stop insurers from assess drivers based on their gender, but there.

High street bank Barclays saw ‘substantial’ losses in the first three months of the year after facing a £1.4 billion charge in the US and further payment protection insurance.

NEW DELHI: Markets finished the week on a higher note on Friday, as expectations of better March-quarter corporate results buoyed investors, with Reliance Industries Ltd (RIL) and Axis Bank Ltd driving the gains. The benchmark BSE Sensex closed 256 points.

Axis Bank, country’s third largest private sector lender, reported loss of Rs 2,188. 74 crore for the fourth quarter of FY18. The bank had posted profit of Rs 1,225 crore in the same quarter last year. This is the first ever quarterly loss posted by Axis.

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First quarter profits at RBS surged to £792 million, a 206 per cent increase on the same period a year previously when profits came in at £259 million, its latest quarterly results revealed on Friday.

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