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Bank of Maharashtra's Q2 net profit zooms 72% to ₹920 crore

State-owned Bank of Maharashtra (BoM) on Monday posted a 72 per cent jump in net profit at Rs 920 c…

PTI   


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3 mins read

Street to keep a hawk eye HDFC Bank’s net interest margin and deposit growth trends

HDFC Bank’s merger with parent HDFC Limited has expanded its book but affected its profitability. I…

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2 mins read

New lending rate norm expected to hit SBI, Axis, PNB & likes

Analysts said that NIMs of banks could fall by as much as 10 to 30 basis points as they get adjuste…

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1 min read

Banking sector net interest income and net interest margins

Banking sector net interest income and net interest margins via Deutsche Bank's David Bianco:Deutsc…

Sam Ro   


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Canara Bank Q4 profit rises 18% to ₹3,757 crore

During the quarter, the bank's total income increased to Rs 34,025 crore as against Rs 28,685 c…

PTI   


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Kotak Mahindra Bank shares climb nearly 5% after Q4 earnings

It emerged as the biggest gainer among the BSE Sensex and NSE Nifty firms. Kotak Mahindra …

PTI   


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ICICI Bank shares climb nearly 5% after Q4 earnings; mcap soars by ₹36,555.4 crore

On the NSE, it climbed 4.37% to Rs 1,156.40. During the day, the stock rallied 5% hitting the 52…

PTI   


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HDFC Bank shares decline over 1%, market cap erodes ₹14,434 crore

On the NSE, shares of the company went lower by 1.10 per cent to settle at Rs 1,514.35, paring …

PTI   


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3 mins read

Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO

Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…

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2 mins read

Indian banks expected to maintain profitability amid margin pressure: Fitch Ratings

According to Fitch, while net interest margins (NIMs) are anticipated to narrow by 10 to 20 basis p…

ANI   


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1 min read

ICICI Bank net profit jumps 25.7 pc to ₹11,053 cr in Q3

The bank's core net interest income was up 13.4 per cent to Rs 18,678 crore, on the back of net…

PTI   


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2 mins read

Banks continue to spook markets after HDFC Bank’s LDR shock in Q3

HDFC Bank opened 2.5% lower on Thursday, after a sharp 9% plunge on Wednesday as its third quarter …

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3 mins read

HDFC Bank Q3 consol net profit grows 2.6% sequentially to over ₹ 17,000 crore

HDFC Bank’s third quarter consolidated net profit went up 2.6% sequentially to ₹17,257 crore from ₹…

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5 mins read

SBI’s core business stays strong despite one-time hit on account of higher wage costs in Q3

India’s largest bank SBI saw its third quarter profits slip by 35.5% as it took a ₹7,100 exceptiona…

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1 min read

Kotak Mahindra logs Rs 3,005 crore PAT for Q3

Kotak Mahindra Bank Ltd on Saturday said it closed the third quarter of FY24 with an after tax prof…

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Axis Bank Q3 net profit rises to ₹6,071 crore

rivate sector Axis Bank on Tuesday reported a 4 per cent rise in standalone net profit at Rs 6,071 …

PTI   


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6 mins read

Earning forecasts for Q4 FY24: Healthcare and cement companies to shine

In the fourth quarter of FY24, Indian companies that bank on domestic demand would have done much b…

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3 mins read

Capital Small Finance Bank closes 7% below issue price on market debut

Capital Small Finance Bank’s stock slipped 7% on its debut on Wednesday morning. The stock listed a…

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RBI asks NBFCs to broad-base fundraising, reduce dependence on banks

The Reserve Bank on Wednesday asked non-bank finance companies to broad-base their fundraising to l…

PTI   


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HDFC Bank gains 1.5% after LIC gets nod to raise stake

HDFC Bank opened in the green on Monday morning, after LIC received a nod from the government to ra…