Canara HSBC Life Insurance Net profit Q3 drops by 5.7%, net premium income increases by 42.9%

Anuj Mathur, Managing Director and Chief Executive Officer, Canara HSBC Life Insurance Company Limited, speaks at a press conference. | Photo credit: ANI Private sector insurer Canara HSBC Life Insurance on Wednesday reported a 5.69 per cent year-on-year decline in net profit to ₹27.65 crore for the third quarter of this fiscal, even as net […]

Shares of Union Bank of India rise 8% after third-quarter results show decline in bad loans and steadier profits

Shares of Union Bank of India rose as much as 8.3% to Rs 180 on the BSE on Wednesday after the state-owned lender reported a December performance that reflected an improvement in asset quality and steadier profits, with a 9% year-on-year rise in net profit and a sequential improvement in bad loans, easing concerns over […]