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1 min read

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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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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3 mins read

Federal Bank Q3 consolidated profit jumps 23% to Rs 1,035 cr

Federal Bank on Tuesday reported 23 per cent increase in consolidated net profit at Rs 1,035.42 cro…

PTI   


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UCO Bank net profit dips over 20% to Rs 402 crore in Q2

State-run UCO Bank on Friday said its net profit for the second quarter of the current fiscal dippe…

PTI   


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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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HDFC's Q3 net profit rises 13% ₹3,691 crore

The company also reported its profit before tax for the nine-months ended December 31, 2022, stood …

ANI   


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ICICI Bank market-cap hits ₹6 lakh crore as its stock rises to a record high

The market capitalisation of the ICICI Bank touched Rs 6 lakh crore mark in the afternoon trade due…

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2 mins read

Axis Bank's net profit for the Q3 of 2020-21 fell 36%

Lending major Axis Bank's net profit for the third quarter of 2020-21 fell 36 per cent due to highe…

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3 mins read

Hyderabad's Nizam's Institute of Medical Science begins the human clinical trial of COVID-19 vaccine

The subject enrolment for Phase-I clinical trial of India's first indigenous vaccine for COVID-19 b…

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1 min read

COVID-19 vaccine clinical trials process begins at NIMS Hyderabad, India

They will give the green signal. Then the medicine people will examine and the first shot of the…

PTI   


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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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2 mins read

SBI Caps report highlights optimistic outlook for the Indian economy, despite deteriorating global pitch

State Bank of India (SBICAPS) report titled "Maintaining Momentum on a Deteriorating Global Pitch" …

ANI   


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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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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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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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Markets hit new highs again after two session fall

Benchmark equity indices rebounded after two consecutive days of fall on Thursday with Sensex and N…

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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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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Yes Bank Q2 net profit jumps 48% on low base; says unsecured book reporting stress

Yes Bank on Saturday reported an over 47% increase in its net profit at Rs 228.64 crore in the Sept…

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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…