21
Sunday
July 2019
11:54 AM IST
News Headlines
Priyanka ends her ''dharna'' in Chunar, Cong to pay Rs 10 lakh to victims'' kin        Sheila Dikshit passes away        Western allies back UK over tanker seizure        Shiva Thapa becomes India''s first gold-medallist in Kazakhstan President''s Cup        Three beaten to death in Bihar over attempted buffalo theft        Priyanka detained on way to Sonbhadra, says prepared to go to jail        Heavy rains continue in Kerala        Indian-American adoptive father of Sherin Mathews challenges life term, seeks new trial        PM Khan to travel to US on commercial flight        Trump reaffirms Iranian drone destroyed, Tehran denies        Sindhu tames old rival Okuhara to enter semis of Indonesia Open        Dhoni has no immediate plans to retire, says longtime friend Arun Pandey        Team India squad for Windies Tour to be announced on July 21        India asks Pak to implement ICJ verdict on Jadhav immediately; Imran says shall proceed as per law        Trust vote; Karna assembly adjourned amid din; Guv directs CM to prove majority by Friday 1.30 pm        IT dept attaches assets of Mayawati''s brother, BSP blames BJP govt        33 dead in suspected arson attack on Japan animation studio        Former Pak PM Abbasi arrested over corruption case        Iran Guards say they have seized a ''foreign tanker''        Bayliss replaces Moody as Sunrisers head coach        
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Business News
Andhra Bank net loss down by 51.34pc in Q4
 
Hyderabad: Public sector lender Andhra Bank has reported Rs 1234 crore net loss for the forth quarter ended March 31 against Rs 2536 crore loss in corresponding period in previous quarter. However, the net loss for the year 2018-19 was Rs 2786, came down by 18.37 per cent against Rs 3413 crores loss in previous year, the bank said in a statement on Monday. In 2018-19, the bank made provisions for non-performing assets of Rs 7809 crore crores against Rs 8774 crore provisions made in the previous year.

Net Interest income increased by 5.89 per cent to Rs 6708 crore (Rs 6335 crore) in FY19 while the total income (excluding treasury) was up by 5.22 per cent at Rs 20894 crore (Rs 19858 crore). The bank had made provisioning of Rs 2522 crore towards contingencies during the fourth quarter against Rs 3902 crore in the same period of the previous fiscal.

According to a bank statement, gross NPAs stood at Rs 28,974 crore as of March 31, 2019 against Rs 28,124 crore in the previous fiscal. Business grew 6.95 per cent to Rs 3,98,511 crore (Rs 3,72,605 crore). Andhra Bank has 2,885 branches and 3798 ATMs with total delivery channels put at 6,687.


Air India passengers travelling to UAE can now carry 40 kgs of check-in luggage
Huawei planning major job cuts in US: WSJ
China GDP growth slows to 6.2 pc in second quarter
RBI to come out with mobile app for currency notes identification
Nine of top-10 firms lose Rs 88,609 cr in m-cap
Pak, Afghan resume transit treaty negotiations
Blunt talk needed in country today, Murthy says, cites his spat with Sikka
Gadkari appeals to MSMEs to plant trees
Infosys Q1 net grows 5.2 pc to Rs 3,802 cr; ups revenue guidance to 8.5-10%
Vistara announces international operations; to launch services to Singapore
Zomato partners with TikTok; conducts food drive in 74 cities
Sebi slaps Rs 65 lakh fine on individual for fraudulent trading
HDFC to raise up to Rs 3,000 cr via bonds to augment long-term capital
80 city-centric plans coming soon to make earth green, sky blue again: Javadekar
Parliament passes Aadhaar amendment bill
RBI to discuss with govt issuance of sovereign bonds: Das
Guj CM orders to cancel permissions given to Sterling Port Ltd at Dahej
Govt duty bound to achieve fiscal deficit of 3 pc as per law: FM
Forget about taxman; focus on business: CBDT to start-ups
Petrol price hiked by Rs 2.45, diesel by Rs 2.36 following tax hike in Budget
KERALA NEWS
HC pulls up Kerala govt over Munnar encroachments
 Kochi: The Kerala High Court Wednesday pulled up the state government over the issue of alleged encr  
Student Stabbed at University College: SFI leaders have gone absconding
Ker CM takes a dig at Congress MLAs on quitting spree
Special Additional Sessions court permits Dileep to travel abroad
INTERNATIONAL NEWS
Western allies back UK over tanker seizure
 Paris: Iran''s seizure of a UK-flagged tanker in the Strait of Hormuz has further heightened tension
Indian-American adoptive father of Sherin Mathews challenges life term, seeks new trial
PM Khan to travel to US on commercial flight
Trump reaffirms Iranian drone destroyed, Tehran denies
NATIONAL NEWS
Priyanka ends her ''dharna'' in Chunar, Cong to pay Rs 10 lakh to victims'' kin
 Mirzapur: Congress general secretary Priyanka Gandhi Vadra ended her ''dharna'' at the Chunar guest
Three beaten to death in Bihar over attempted buffalo theft
Priyanka detained on way to Sonbhadra, says prepared to go to jail
India asks Pak to implement ICJ verdict on Jadhav immediately; Imran says shall proceed as per law
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