Regional rural banks incur net loss of Rs…

MUMBAI: Regional rural banks (RRBs) as a group reported net loss of Rs 2,206 crore in the fiscal year ended March 31, 2020, as against Rs 652-crore net loss in FY19, according to data published…

MobiKwik net revenue surges 134% to Rs 379…

NEW DELHI: Digital payments company MobiKwik on Wednesday said its net revenue has surged 134 per cent to Rs 379 crore in FY20, and exuded confidence of hitting profitability this fiscal. MobiKwik, which competes against…

Profitability will be better in FY21 than FY20:…

Mumbai-based RBL Bank has set aside enough capital buffers to deal with the Covid-19 pandemic crisis and is confident credit costs will not exceed levels seen in the previous financial year, CEO Vishwavir Ahuja told…