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Indian banks to have steady growth in earning over next 3-4 years, fees from unsecured lending may dip, notes Jefferies report

Jefferies reports Indian banks are poised for steady earnings and return growth over the next 3-4 y…

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External borrowings to meet capital needs putting pressure on bank's net interest margins, says a report by SBI Securities

The banks in the country are facing challenges due to a slowdown in deposit growth, according to a …

ANI   


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HDFC Bank Q2 profit soars 5% to ₹16,821 crore

Total income increased to Rs 85,500 crore during the quarter under review against Rs 78,406 cro…

PTI   


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Profit of public sector banks expected to decline by 0.6 percent QoQ : Motilala Oswal

As the earnings season for the second quarter of FY25 unfolds, public sector banks (PSBs) are expec…

ANI   


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TCS Q1 results 2024: Contract values, net profits take a hit as PAT, employee count sees hike

On expected lines, the IT giant's net profit is down by 3.2% on a quarter-on-quarter (QoQ) basis, …

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3 mins read

India's retail inflation eases marginally in April; here's what experts have to say

India's retail inflation eased to 4.83 per cent in April, down from 4.85 per cent in March. However…

ANI   


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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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Tech Mahindra profit jumps over 2-times to ₹1,250 crore in Jul-Sep quarter

Revenue rose by 3.49 per cent to Rs 13,313.2 crore in the second quarter of 2024-25 compared to…

PTI   


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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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MRPL swings to profitability on robust refining margins

Mangalore Refinery and Petrochemicals Ltd (MRPL) on Wednesday reported return to profitability in t…

PTI   


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Federal Bank's Q2 net profit rises 36% to ₹954 crore

Private sector lender Federal Bank on Monday reported a 35.54 per cent jump in standalone net profi…

PTI   


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4 mins read

With stock markets crashing worldwide, are fears of a recession loading in the US pre-mature?

Even Goldman Sachs economists have upped the probability of recession hitting the US by 2025 to 25%…

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3 mins read

RIL fires on all cylinders, net profit jumps 27% to ₹17,394 crore in Q2

Billionaire Mukesh Ambani-led Reliance Industries reported a robust 27% year-on-year jump in its ne…

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HCL Tech Q1 results: Company reports better than expected results, revenue jumps 6.7% YoY

In FY25, the company expects its revenue growth to be in the range of 3-5% on a year-over-year basi…

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In Q2, Kotak Mahindra Bank reports a 24% increase in net profit to ₹3,191 crore

Kotak Mahindra Bank's standalone net profit for the quarter ending on September 30 showed an impres…

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ICICI Bank reports a 36% increase in Q2 net profit

For the September 2023 quarter, private sector lender ICICI Bank on Saturday reported a 36% increas…

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5 mins read

Election fever? Equities and SIP inflows mark record highs in May, per AMFI data

The Indian mutual fund industry continued to register strong growth in fund inflows during May 2024…

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Sensex, Nifty trade with marginal gains in early session

Equity benchmark indices Sensex and Nifty eked out marginal gains in early trade on Wednesday amid …

PTI   


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Indian stocks marginally lower Friday, retail inflation data now in focus

Indian stock market indices were marginally lower at opening bell Friday, largely due to more-than-…

ANI   


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Nykaa’s Q4 net profit slips 72% YoY to ₹2.4 crore as expenses mount

For the fourth quarter, Nykaa’s gross merchandise value or GMV grew 36% on a YoY basis to ₹2,445 cr…