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Yes Bank loans and advances up 0.8% at Rs 1.73 lakh crore by end of Mar 2021; deposits up 55%


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Yes Bank loans and advances up 0.8% at Rs 1.73 lakh crore by end of Mar 2021; deposits up 55%
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Yes Bank loans and advances up 0.8% at Rs 1.73 lakh crore by end of Mar 2021; deposits up 55%PTI
Last Updated: Apr 05, 2021, 01:39 PM IST
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Synopsis
However, the figures are provisional and are being released ahead of the official announcement of the financial results for the quarter ended March 31, 2021, Yes Bank said in a regulatory filing.
Yes Bank on Monday said its loans and advances grew by a marginal 0.8 % on a year-on-year basis to Rs 1,72,850 crore at the end of March 2021. ....

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IndusInd Bank Q4 deposits up 27 per cent, net advances rise 3 per cent


IndusInd Bank Q4 deposits up 27 per cent, net advances rise 3 per cent
April 05, 2021
Deposits at ₹2.56 lakh crore as on March 31, 2021
Private sector lender IndusInd Bank reported a 3 per cent increase in net advances and 27 per cent rise in deposits as on March 31, 2021, compared to a year ago.
According to a regulatory filing by the bank on Monday, its net advances increased to ₹2.13 lakh crore as on March 31, 2021, versus ₹2.06 lakh crore a year ago. Even sequentially, net advances increased by 3 per cent from ₹2.07 lakh crore as on December 31, 2020.
Deposits increased to ₹2.56 lakh crore as on March 31, 2021, compared to ₹2.02 lakh crore a year ago. ....

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TS Cooperative Apex Bank FY21 profit up 31% at ₹67 crore - The Hindu BusinessLine


TS Cooperative Apex Bank FY21 profit up 31% at ₹67 crore
April 05, 2021
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Telangana State Cooperative Apex Bank (TSCAB) s gross profit increased 31 per cent at ₹67.20 crore during the financial year ended March 31,2021 as against ₹ 51.15 crore during the previous fiscal.
“Since the formation of TSCAB in the year 2015, the financial year 2020-21 has been the best year for the Apex bank as it surpassed all the targets set during the fiscal year,” the bank said in a release.
With only 0.14 per cent of gross Non-Performing Assets (NPAs), TSCAB had set a ‘record’ among all the state cooperative banks in the country with lowest NPAs, it added. ....

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Welcome To IANS Live - BUSINESS - Home-owners contribution to corpus fund of CHS taxable


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New Delhi, April 5 (IANS) Contributions made by home-owners of a cooperative housing society (CHS) towards a sinking fund meant for future upkeep of the society will be subject to the goods and services tax (GST).
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Update: 05-April-2021 ....

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Looking for natural gas, not oil in Alaska - April 04, 2021


Providing coverage of Alaska and northern Canada s oil and gas industry
Looking for natural gas, not oil in Alaska
Explorers magazine preview: Gardes aims to produce, sell natural gas, a clean burning fuel, plus build gas powered infrastructure
Kay Cashman
Petroleum News
Bob Gardes of Lafayette, Louisiana, entered Alaska last year with the three-fold purpose of becoming a natural gas producer by acquiring bypassed and/or underdeveloped gas deposits in the Cook Inlet basin, securing off-take commitments to sell gas to Alaska utilities and large industrial end users on a long-term basis, and developing, building and operating gas and power infrastructure that supports the use of the clean burning fuel. ....

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