Tag: Bank

  • HDFC Bank logs 19 pc growth in net profit, proposes Rs 19 dividend

    HDFC Bank logs 19 pc growth in net profit, proposes Rs 19 dividend

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    Chennai: Private sector HDFC Bank Ltd on Saturday said it had closed FY23 with a 19.3 per cent increase in net profit and the Board has proposed a dividend of Rs 19 per share.

    The HDFC Bank said it had closed FY23 with a net profit of Rs 44,107.7 crore (previous year Rs 36,961.33 crore) on a total income of Rs 192,800.4 crore (Rs 157,263 crore).

    Net revenues (net interest income plus other income) for the year ended March 31, 2023 were Rs 118,057.1 crore, as against Rs 101,519.5 crore for the year ended March 31, 2022.

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    The company’s provisions for FY23 stood at Rs 11,919.67 crore (Rs 15,061.83 crore).

    While the gross non-performing asset (GNPA) as on 31.3.2023 stood at Rs 18,019.03 crore (Rs 16,140.96 crore) the net NPA as on that date was at Rs 4,368.43 crore (Rs 4.407.68 crore).

    The Board of Directors at its meeting held on April 15, 2023, proposed a dividend of, 19.00 per share (Rs 15.50 per share).

    The Bank’s total Capital Adequacy Ratio (CAR) as per Basel III guidelines was at 19.3 per cent as on March 31, 2023 (18.9 per cent as on March 31, 2022) as against a regulatory requirement of 11.7 per cent which includes Capital Conservation Buffer of 2.5 per cent, and an additional requirement of 0.2 per cent on account of the Bank being identified as a Domestic Systemically Important Bank (D-SIB), HDFC Bank said.

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    ( With inputs from www.siasat.com )

  • Acer Aspire 3 Intel Core i5 12th Generation (16GB/512 GB SSD/Windows 11 Home/MS Office/1.7 Kg/Silver) A315-59 with 15.6-inch (39.6 cms) Full HD Laptop,Flat Rs: 2000 of All Bank Cards

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    Positively Productive : Be positively productive with Windows 11, featuring new animations, buttons, and toggles. Quickly organize open apps with Snap Layouts and enjoy seamless integration with Outlook and Calendar. Perfect for work, study, and play
    The Display : The 1080p Full HD display is perfect for casual web browsing and watching movies or streaming, allowing for a sharp, detailed view of what’s in front of you. And with Acer BlueLightShield, lower the levels of blue light to lessen the negative effects of blue light exposure. 15.6″ FHD 1920 x 1080, high-brightness Acer ComfyViewTM LED-backlit TFT LCD
    Elevated Design, Narrow Bezel, 1.78 Kg; Stay Connected : Stay connected to friends and family with a 720p HD webcam. Featuring Acer TNR (Temporal Noise Reduction) Solution for better video calling in low-light conditions and dual speakers with full, high-quality sound.
    Software Included: Microsoft Office 365; Resolution: 1080p1280 X 720; Form Factor: Netbook

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  • In Poonch, JK Bank Commissions CRM At Mandi And ATM At Loran

    In Poonch, JK Bank Commissions CRM At Mandi And ATM At Loran

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    SRINAGAR: Extending instant banking services to remote areas of Poonch district, J&K Bank today commissioned a Cash Recycler Machine (CRM) at Mandi and an Automated Teller Machine (ATM) at Loran.

    District Development Commissioner (DDC) Poonch Inder Jeet (KAS) inaugurated the ATM at Loran in presence of Bank’s Zonal Head (Rajouri) Satish Kumar amid a gathering of valuable customers, public representatives and officials of the Bank. Thanking the Bank on the occasion, DDC Poonch said that “The commissioning of new ATM at Loran affirms the Bank’s commitment of providing latest banking facilities to people irrespective of their location and status.”

    Meanwhile, Bank’s Zonal Head (Rajouri) Satish Kumar inaugurated the CRM at Mandi in presence of Cluster Head (Poonch) Aneet Kanwal Singh amid a gathering of valuable customers, local residents and other Bank officials. “The Self Service terminal accepts and dispenses cash thereby easing the rush at the adjacent branches besides facilitating the customers with instant cash beyond banking hours and on holidays”, he said while urging the people to avail the facility as per their own convenience.

    Hailing the Bank’s efforts, the customers present at both the occasions expressed their gratitude to the Bank’s management for providing them with hi-tech banking facilities at their nearest possible destinations.




    Previous articleDrone Carrying Cash, Ammunition Recovered In JK
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    #Poonch #Bank #Commissions #CRM #Mandi #ATM #Loran

    ( With inputs from : kashmirlife.net )

  • Central Bank of India Call Letter 2023 – Officer Call Letter Released

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    Central Bank of India Call Letter 2023 – Officer Call Letter Released

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    [ad_2] #Central #Bank #India #Call #Letter #Officer #Call #Letter #Released( With inputs from : The News Caravan.com )

  • 2 Palestinians killed in exchange of fire with Israeli soldiers in West Bank

    2 Palestinians killed in exchange of fire with Israeli soldiers in West Bank

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    Ramallah: Two Palestinian militants were killed on Tuesday in an exchange of fire near an Israeli settlement northeast of the West Bank city of Nablus, Palestinian and Israeli sources said.

    Palestinian sources said that the two Palestinians were identified as Saud Al-Titi, an officer with the Palestinian Authority security forces, and Mohammed Al-Bouf, who had respectively spent 14 years and seven years in Israeli prisons, Xinhua news agency reported.

    The Israeli army said in a statement that two Palestinians were killed by Israeli soldiers near the village of Deir al-Khatb, northeast of Nablus, after they opened fire at the settlement of Elon Mora.

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    Meanwhile, two other Palestinians were injured by Israeli soldiers near the village, said Director of Ambulance and Emergency in the Palestinian Red Crescent Society (PRCS) Ahmed Jibril.

    He said that one of them was injured in the shoulder and was taken to the hospital in Nablus, adding that the Israeli army forces prevented the PRCS ambulances from reaching the other casualty.

    Israel Radio reported that the Israeli army ambushed an armed Palestinian group that opened fire toward the Elon Moreh settlement, and confiscated an M-16 firearm and a pistol from the possession of the two Palestinians who were “neutralized.”

    According to official Palestinian figures, the tension between Israel and the Palestinians has killed 98 Palestinians since early January. Israeli sources said that 19 Israelis were killed in attacks carried out by Palestinians in Israel and the West Bank.

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    #Palestinians #killed #exchange #fire #Israeli #soldiers #West #Bank

    ( With inputs from www.siasat.com )

  • JK Bank Partners With CIMSME To Boost MSME Growth

    JK Bank Partners With CIMSME To Boost MSME Growth

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    SRINAGAR: J&K Bank has signed a Memorandum of Understanding (MoU) with the Chamber of Indian Micro, Small & Medium Enterprises (CIMSME) in order to accelerate the growth of manufacturing enterprises. CIMSME is the apex chamber of MSMEs in India, representing their interests and issues with the government and various regulators while being an active participant in MSME-related policymaking.

    During the signing of the MoU, General Manager Ashutosh Sareen signed on behalf of J&K Bank, while President Mukesh Mohan Gupta signed for CIMSME in the presence of MD & CEO Baldev Prakash, Executive Director Sudhir Gupta, General Manager Narjay Gupta, Director (CIMSME) Subhash Joinwal, DGMs, and other senior bank officials. The divisional heads of the bank also joined the function through VC Mode.

    MD & CEO Baldev Prakash praised CIMSME for its role in promoting MSMEs and expressed pleasure over the signing of the MoU. He said, “As a responsible financial institution, we understand that the MSME sector plays a critical role in fostering entrepreneurship and generating huge employment opportunities, thereby contributing greatly to the country’s GDP. Moreover, MSME lending is profitable for the banking industry, and we need to translate this MoU into solid business growth, especially in the rest of India because this is the sector which complements the large industries in the form of subsidiary units that are vital to the entire ecosystem.”

    MD Baldev Prakash asserted that the MSME sector will bolster the economy of the Union Territory and the country alike, and that the bank will ensure that bankable leads generated by CIMSME are processed in a time-bound manner.

    President (CIMSME) Mukesh Mohan Gupta spoke on the occasion and expressed his pleasure at the tie-up with J&K Bank. He emphasized the need to educate lenders and borrowers of the MSME sector about various schemes and processes to avail the facilities. He further added, “We will soon be coming up with a web portal for ease of both MSME lenders and borrowers.”

    Executive Director Sudhir Gupta stated that the signing of the MoU with the apex chamber is akin to forging a partnership that will go a long way in promoting the culture of enterprise across the country while adding to the bank’s business profile.

    Under the tie-up, CIMSME will not only source the MSME/Startup proposals across the country but will also conduct due diligence of these proposals as per the bank policy and RBI guidelines. Once CIMSME is satisfied with the financials and track records of the company/firm, the leads will be shared with the bank for further processing.

    J&K Bank has provided benefits of employment to around 92000 youth till March 2023, under the J&K Government’s flagship programmes ‘Back to Village 4.0’ and ‘My Town My Pride’ – a feat that has been hailed by the UT Government and people alike.

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    #Bank #Partners #CIMSME #Boost #MSME #Growth

    ( With inputs from : kashmirlife.net )

  • US: 3 children among 5 killed in mass shooting at bank in Kentucky

    US: 3 children among 5 killed in mass shooting at bank in Kentucky

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    In news just coming in, five people, including three children have been killed at a bank in Louisville, Kentucky, United States. The suspected shooter is reportedly dead.

    According to the Louisville Metro Police Department (LMPD), the shooting happened in Old National Bank at about 8:30 am ((12:30 GMT)). Six people, including an officer, have been injured.

    “The shooter was confirmed to be dead on the scene. We do not know exactly the circumstances of his death at this time,” Deputy Police Chief Paul Humphrey told reporters.

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    In an emotional statement, Kentucky Governor Andy Beshear said he lost two friends in the shooting. “This is awful. We got to do what we have done in the last three years. We got to wrap put hands around these families,” he said.

    (This is a developing story. Refresh for the latest updates)

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    ( With inputs from www.siasat.com )

  • Police: 4 killed in shooting at downtown Louisville bank

    Police: 4 killed in shooting at downtown Louisville bank

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    “We believe this is a lone gunman involved in this that did have a connection to the bank. We’re trying to establish what that connection was to the business, but it appears he was a previous employee,” Humphrey said.

    Nine people, including two police officers, were treated for injuries from the shooting, University of Louisville Hospital spokeswoman Heather Fountaine said in an email. One of the officers was in critical condition, she said. At least three patients had been discharged.

    An emotional Kentucky Gov. Andy Beshear said he lost friends in the shooting in the building on East Main Street not far from the Louisville Slugger Field and Waterfront Park.

    “This is awful,” he said. “I have a very close friend who didn’t make it today. And I have another close friend who didn’t, either. And one who’s at the hospital that I hope is going to make it through.”

    It was the second time that Beshear was personally touched by a mass tragedy since becoming governor.

    In late 2021, one of the towns devastated by tornadoes that tore through Kentucky was Dawson Springs, the hometown of Beshear’s father, former two-term Kentucky Gov. Steve Beshear. Andy Beshear frequently visited Dawson Springs as a boy and has talked emotionally about his father’s hometown.

    Beshear spoke as the investigation in Louisville continued and police searched for a motive. Crime scene investigators could be seen marking and photographing numerous bullet holes in the windows near the bank’s front door.

    A man who fled the building during the shooting told WHAS-TV that the shooter opened fire with a long rifle in a conference room in the back of the building on the first floor.

    “Whoever was next to me got shot — blood is on me from it,” he told the news station, pointing to his shirt. He said he fled to a break room and shut the door.

    Humphrey, the deputy chief, said the actions of responding police officers undoubtedly saved lives.

    “This is a tragic event,” he said. “But it was it was the heroic response of officers that made sure that no more people were more seriously injured than what happened.”

    The 15 mass shootings this year are the most during the first 100 days of a calendar year since 2009, when 16 had occurred by April 10, according to a mass killings database maintained by The Associated Press and USA Today in partnership with Northeastern University.

    Going back to 2006, the first year for which data has been compiled, the years with the most mass killings were 2019 and 2022, with 45 and 42 mass killings recorded during the entire calendar year. The pace in 2009 slowed later in the year, with 32 mass killings recorded that year.

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    #Police #killed #shooting #downtown #Louisville #bank
    ( With inputs from : www.politico.com )

  • FRITZY 3 Layer Electronic Gadget Organizer Case, Electronic Accessories Organizer Bag for Cables, Hard Disk, Power Bank, Charger and tech kit Organizer – Blue

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    The electronic organizer bag is designed to make optimum use of space. The padded dividers are adjustable and you can customize them as per your needs. Equipped with SD and SIM card slots, mesh zippered pockets and mesh pockets of various sizes, now you can store chargers, USB drives, power bank organizers and other important items.
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  • Attacks in Israel, West Bank kill 3 in worsening violence

    Attacks in Israel, West Bank kill 3 in worsening violence

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    The spasm of violence in Israel and the West Bank heightened fears of an even more intense surge, with the rare convergence of the holy Muslim month of Ramadan, the Jewish Passover holiday and Easter currently underway.

    Prime Minister Benjamin Netanyahu said he was calling up all reserve forces in Israel’s border police, a paramilitary force usually deployed to suppress Palestinian unrest, “to confront the terror attacks.”

    The additional border police would be activated Sunday and join other units that have recently been deployed in Jerusalem and Lod, a town in central Israel with a mixed Jewish and Palestinian population.

    Israel had unleashed rare airstrikes on Lebanon and bombarded the Gaza Strip on Friday morning, but later in the day there were signs that both sides were trying to keep the border hostilities in check. The fighting subsided after dawn, and midday prayers at the Al-Aqsa Mosque in Jerusalem — a flashpoint for violence in recent days — passed peacefully.

    The round of violence erupted after Israeli police raided the mosque earlier in the week, sparking unrest in the contested capital and outrage across the Arab world. Militants fired an unusually large rocket barrage at Israel from southern Lebanon on Thursday — some of the heaviest and most serious cross-border violence since Israel’s 2006 war with Lebanon’s Hezbollah militants — as well as from Gaza.

    In the Tel Aviv car-ramming late Friday, the alleged attacker rammed his vehicle into a group of civilians near a popular seaside park, police said. Israel’s rescue service said a 30-year-old Italian man was killed, while five other British and Italian tourists — including a 74-year-old man and a 17-year-old girl — were receiving medical treatment for mild to moderate injuries.

    Police said they shot and killed the driver of the car and identified him as a 45-year-old Palestinian citizen of Israel from the village of Kafr Qassem.

    A video circulating on social media showed the car hurtling along a sidewalk for several hundred yards before crashing out of control.

    Italian Premier Giorgia Meloni’s office expressed “closeness to the family of the victim” and “solidarity with the Israel for the vile attack.” She identified the man killed as Alessandro Parini from Rome.

    The shooting in the West Bank meanwhile killed the two sisters, who were in their 20s, and seriously wounded their 45-year-old mother near an Israeli settlement in the Jordan Valley, Israeli and British officials said. The family lived in the Efrat settlement, near the Palestinian city of Bethlehem, said Oded Revivi, the settlement’s mayor.

    Medics said they dragged the unconscious women from their smashed car, which appeared to have been pushed off the road.

    No groups claimed responsibility for either attack. But the Hamas militant group that rules Gaza praised both incidents as retaliation for Israeli raids earlier this week on the Al-Aqsa mosque — the third-holiest site in Islam. On Tuesday, police arrested and beat hundreds of Palestinians there, who responded by hurling rocks and firecrackers at officers.

    Friday’s airstrikes on neighboring Lebanon targeted Hamas militant sites, the Israeli military said, accusing the group of firing the nearly three dozen rockets that slammed into open areas and towns in northern Israel on Thursday. The bombardment seemed designed to avoid drawing in Hezbollah, the Iran-backed Shiite group that Israel considers its most immediate threat.

    There were no reports of serious casualties from the airstrikes, but several people in the southern Lebanese town of Qalili, including Syrian refugees, said they were lightly wounded.

    “I immediately gathered my wife and children and got them out of the house,” said Qalili resident Bilal Suleiman, who was jolted awake by the bombing.

    A flock of sheep was killed when the Israeli missiles struck a field near the Palestinian refugee camp of Rashidiyeh, according to an Associated Press photographer. Other airstrikes hit a bridge and a power transformer in nearby Maaliya, and damaged an irrigation system.

    In the Gaza Strip, Israel’s military pounded what it said were Hamas weapons production sites and underground tunnels. A children’s hospital in Gaza City was among sites sustaining damage, according to the Palestinian Health Ministry.

    After the retaliatory strikes, Israelis living along the southern border returned home from bomb shelters. Most missiles that managed to cross into Israeli territory hit open areas, but one landed in the town of Sderot, sending shrapnel slicing into a house.

    There were no reports of casualties on either side of the southern border.

    The Israeli military said everyone wanted to avoid a full-blown conflict. “Quiet will be answered with quiet,” said spokesman Lt. Col. Richard Hecht. A Qatari official, speaking on condition of anonymity, said the emirate was mediating.

    Even as a fragile calm took hold along the Lebanese and Gaza borders, the West Bank remained volatile. Violence has surged to new heights there in recent months, with Palestinian health officials reporting the start of 2023 to be the most deadly for Palestinians in two decades.

    Nearly 90 Palestinians have been killed by Israeli fire in the West Bank since the start of the year, at least half of them affiliated with militant groups, according to an Associated Press tally. During that time, 17 people have been killed in Palestinian attacks on Israelis — all but one of them civilians.

    “It’s just a matter of time, and not much time, until we settle the score,” Netanyahu said as he toured the site of the deadly shooting in the West Bank with Defense Minister Yoav Gallant. “We acted in Lebanon, we acted in Gaza, we beefed up forces in the field.”

    Al-Aqsa has long been a nexus of the Israeli-Palestinian conflict, and the skirmishes between Palestinian worshippers and Israeli police at the holy compound this week spiraled into a regional confrontation. The mosque sits on a hilltop sacred to both Muslims and Jews. In 2021, an escalation triggered by clashes there spilled over into an 11-day war between Israel and Gaza’s Hamas rulers.

    Before dawn prayers Friday, chaos erupted at an entrance to the esplanade as Israeli police wielding batons descended on crowds of Palestinian worshippers who chanted slogans praising Hamas as they tried to squeeze into the site. Later, people leaving prayers staged a large protest on the limestone courtyard, raising their fists, shouting against Israel and waving Hamas flags. Israeli police said they forced their way into the compound in response to “masked suspects” who threw rocks toward officers at a gate.

    Israeli authorities control access to the area but the compound is administered by Islamic and Jordanian officials.

    The unrest comes at a delicate time for Jerusalem’s Old City, which was suffused with religious fervor and teeming with pilgrims from around the world. The Christian faithful retraced the route Jesus is said to have taken for Good Friday and Jews celebrated the weeklong Passover holiday, while Muslims prayed and fasted for Ramadan.

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    ( With inputs from : www.politico.com )