Allahabad Bank expects 9 business growth in 201920

first_imgKolkata: State-run Allahabad Bank is looking at a modest business growth of 9 per cent during fiscal year 2019-20 through a focus on consolidating current account and savings accounts (CASA) base and increasing dependency under the retail sector, according to its latest annual report. The bank’s total deposits stood at Rs 2,14,335 crore at the end of the last financial year registering a year-on-year (y-o-y) growth of 0.34 per cent. The share of CASA deposits in aggregate deposits increased to 49.49 per cent at the end of March as compared to 46.50 per cent a year ago. The bank reduced its bulk deposits by 43.87 per cent y-o-y from Rs 3,247 crore to Rs 1,823 crore during March, the report said. Also Read – SC declines Oil Min request to stay sharing of documentsCASA deposits with a special focus on savings bank deposits were the focus areas at the ground level, it said. Consequently, CASA deposits increased by 7.77 per cent y-o-y during financial year 2018-19 and savings bank deposits increased by 6.89 per cent. “Bank is looking at a modest business growth of 9 per cent during FY20 through focus on consolidating CASA base and increasing dependency under retail sector,” the lender’s Managing Director and CEO S.S. Mallikarjuna Rao said. During the FY19, there was “severe pressure on quality of assets and the rise of NPA” in the bank, which was not an isolated phenomenon but part of the overall industry trend, the report pointed out. The gross NPA ratio increased to 17.55 per cent in FY19 from 15.96 per cent in FY18.last_img read more

Sri Lankans found stranded off Indonesia

Residents of the nearby Sendangbiru village  helped the Sri Lankans by giving them food after the boat drifted near the shore. The Sri Lankans are to be handed over to the Immigration Office in Malang.  (Colombo Gazette) The 21 Sri Lankans were eventually brought ashore and the authorities were then informed. A group of 21 illegal immigrants from Sri Lanka have been rescued by Indonesian authorities after being stranded in the waters of Sendangbiru, Malang, East Java for a week, without food or water.The Indonesian media reported that the Sri Lankan boat, which had faced engine failure, was first spotted by a local fisherman. According to the Head of the Police Air and Sea Air operations, Inspector Prayitno, 21 Sri Lankans were on the boat and information about them is still being collected.“They are still weak because they have not eaten for a week,” he told the local media today. read more

Ohio State baseball swept in weekend series at Nebraska

Sophomore first baseman Zach Ratcliff (34) jumps to catch the ball during a game against Xavier March 19 at Bill Davis Stadium. OSU won, 10-3.Credit: Sam Harrington / Lantern photographerAfter three games, three runs were all that separated the Ohio State baseball team from Big Ten foe Nebraska.Those three runs proved costly though, as the Buckeyes (18-13, 2-7) dropped each of three games of a weekend series in Lincoln, Neb., to the Cornhuskers (19-13, 4-2) by a one-run margin.The Buckeyes found themselves with a lead in each game, but just could not seal the deal down the stretch. Two losses were walk-offs while the other saw the Cornhuskers take the lead in the eighth inning.“We just have to finish games. We were right there,” redshirt-sophomore infielder Ryan Leffel said after Sunday’s 2-1 loss. “One play can make the difference … we know that we’re really, really close to being a really good team.”Sunday’s tilt saw the Buckeyes jump out to a quick lead as redshirt-junior first baseman Josh Dezse hit an RBI groundout in the first to score sophomore second baseman Troy Kuhn.That was all the Buckeyes could muster against the Cornhuskers’ junior pitcher Aaron Bummer, however, only picking up three more hits.The Cornhuskers got on the board in the fourth off OSU sophomore pitcher Jake Post. With two outs and men on first and third, Nebraska junior catcher Tanner Lubach hit an RBI single to tie the game.Bummer and Post controlled the game from there as both starters went all nine innings and things stayed tied at one until the ninth.Again with Lubach up to bat and men on first and second, Post gave up an RBI single to give the Cornhuskers the sweep.On Saturday, the Buckeyes held a 3-0 lead until the eighth behind an RBI single from Leffel and two runs scored in the fifth after two errors by Nebraska.Meanwhile, freshman pitcher Tanner Tully started on the bump for the Buckeyes and flirted with a no-hitter until Lubach lined a single to center to begin the seventh.After giving up another single to begin the eighth, redshirt-senior reliever Tyler Giannonatti came in for Tully and allowed one run in the inning off a sacrifice fly from Nebraska senior outfielder Michael Pritchard.Freshman relief pitcher Travis Lakins came on in the ninth with a two-run lead, but things quickly went south.With two outs and the bases loaded, Lakins walked sophomore infielder Jake Placzek to draw the Cornhuskers within one.Junior closer Trace Dempsey came on but allowed a single to Pritchard that scored two and gave the Cornhuskers the series clinching 4-3 win.Friday night saw both starting pitchers dominate the beginning of the game. The Buckeyes’ senior pitcher Greg Greve went six innings without allowing a run.Once again, the Buckeye offense scored first, but this time it was in the fifth when Kuhn singled off Cornhusker senior pitcher Chrsitian DeLeon to score the first run of the series.The Buckeyes scored another off DeLeon in the seventh on an RBI single to center from Wetzel.Lakins came in and pitched a scoreless seventh, but allowed RBI singles from Pritchard, junior infielder Pat Kelly and freshman pitcher/infielder Ben Miller in the eighth to give the Cornhuskers the 3-2 lead.Outside of a single from sophomore infielder Jacob Bosiokovic, the Buckeyes couldn’t get anything in the ninth off DeLeon, preserving the Cornhuskers’ win.The line for the Buckeyes’ starting pitchers for the weekend was 22 innings pitched and only two runs, but it wasn’t good enough.Despite the rough road trip, Greve seemed confident that the Buckeyes would get it turned around.“We played tough, played well, competed well. There’s no need to be alarmed or concerned,” Greve said after Sunday’s game. “We were very close to beating a very good team. We easily could’ve won all three games this weekend. We just have to stick to what we’re doing and keep preparing the way we’ve been doing and learn from the mistakes.”The Buckeyes have a quick turnaround as they are scheduled for two mid-week games against Eastern Michigan on Tuesday and Dayton on Wednesday.Tuesday’s game against the Eagles is set for 6:35 p.m. at Bill Davis Stadium at Nick Swisher Field. read more

Mens EHF CL Round 9 Three more unknown for TOP 16

Group D:St. Petersburg : Flensburg 25:31 (9:17)Bosna Sarajevo : Constanta 24:23 (11:13)Ciudad Real : Zagreb 30:20 (16:12)Standing:1. Ciudad Real 9 – 152. Flensburg-Handewitt 9 – 143. Croatia os. Zagreb 9 – 124. Bosna Sarajevo 9 – 55. Sankt Peterburg 9 – 46. Constanta 9 – 4 Many interesting games are played in the EHF Champions League last weekend. Three more teams are unknown for TOP 16 phase. Kadetten or Dinamo Minsk or three teams battles in Groups A and D will be a main question of the Round 10, next weekend…Group ARhein Neckar Löwen : Kielce 29:27 (11:13)Barcelona : Chambery 38:23 (20:7)Kiel : Celje PL 43:27 (23:16)Standing:1. Kiel 9 – 142. Rhein Neckar Löwen 9-133. Barcelona 9-114. Celje PL 9-65. Chambery 9-66. Kielce 9-4Group BSävehof : Hamburg 31:34 (18:18Kolding : Veszprem 29:34 (11:16)Montpellier : Tatran Prešov 40:25 (19:10)Standing:1. Veszprem 9-162. Montpellier 9-143. Hamburg 9-114. Kolding 9-105. Sävehof 9-26. Tatran Prešov 9-1Group CKadetten Schaffhausen : Čehovski medvedi 32:29Pick Szeged : Valladolid 30:25 (17:13)Dinamo Minsk : AaB Handball 33:31 (16:17)Standing:1. Čehovski medvedi 9-132. Valladolid 9-113. Pick Szeged 9-104. Kadetten Schaffhausen 9-95. Dinamo Minsk 9-76. AaB Handbold 9-4 ← Previous Story “Theft in Goppingen” (Video) Next Story → Director of Vive Targi Kielce, Radoslaw Wasiak: “S League like Bundesliga” read more