Property puzzle traps MTNL debt reduction

[ad_1] Lenders’ plans to purchase property from the defaulting telco and regulate it towards dues have stalled as a consequence of curbs on the sale of those property and land-usage norms, two individuals conscious of the event stated. “Banks proposed to purchase a few of the properties of MTNL, however they didn’t agree. We might … Read more

Union Financial institution Q1 Outcomes: Internet revenue surges 12% at ₹4,115.5 crore, NPA provisions fall

[ad_1] Union Financial institution Q1 Outcomes: Public sector lender Union Financial institution of India on Saturday declared itsfinancial outcomes for the primary quarter (Q1) ended on June 30, 2025. The financial institution reported round 12% rise in its web revenue at ₹4,115.5 crore for thefirst quarter of the present fiscal yr 2026, when in comparison … Read more

Union Financial institution of India logs 12 laptop rise in internet revenue to ₹4,116 cr in Q1

[ad_1] New Delhi, Jul 19 (PTI) State-owned Union Financial institution of India on Saturday reported a 12 per cent rise in internet revenue to ₹4,116 crore through the first quarter of this monetary yr. The Mumbai-based lender had earned a internet revenue of ₹3,679 crore in the identical quarter of the earlier fiscal yr. The … Read more