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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…
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
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
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
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, …
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
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
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
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…
MRPL swings to profitability on robust refining margins
Mangalore Refinery and Petrochemicals Ltd (MRPL) on Wednesday reported return to profitability in t…
PTI
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
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%…
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…
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…
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…
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…
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…
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
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
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…