Tag Archives: pat

Sundaram Finance Q3 PAT rises 4% to Rs 253 crore

Non-banking finance company Sundaram FinanceNSE -2.02 % Ltd on Tuesday reported a 3.8 per cent rise in consolidated profit after tax (PAT) at Rs 252.90 crore for the quarter ended December 31, 2019. It had posted a consolidated PAT of Rs 243.64 crore in the year-ago period, Sundaram Finance said in a regulatory filing. However, the consolidated income of Sundaram Finance declined to Rs ... Read More »

The Fed’s next move: Stand pat or hike, again?

Fed governor Stanley Fischer on Monday hinted at increased interest rates this year by mentioning possible upticks in inflation. BMO’s Chief Investment Strategist Brian Belski and Pimco’s global strategic advisor, Richard Clarida, addressed the Fed’s next move on CNBC’s “Power Lunch” and agreed the market would not see a rate hikes until the summer or even fall. “We have to ... Read More »