Searched for
BANK PROFITABILITY
‘IDBI Bank was handed over to us in poor shape’: Sitharaman hits back at Rahul Gandhi amid sale rowNirmala Sitharaman responded to criticisms regarding the sale of IDBI Bank's majority stake. The bank was previously in poor condition and ...
“During Congress’s time, banks were created; in Modi era, they are being sold”: Rahul Gandhi targets govt over IDBI Bank saleRahul Gandhi has criticised the Centre's proposed sale of a 60.72% stake in IDBI Bank, questioning the privatisation of a profitable public...
Kotak Bank shares gain 30% since April as earnings outlook brightensKotak Mahindra Bank shares experienced a significant rise, reaching a record high as growth prospects improved. The stock has shown a subst...
ESAF Small Finance Bank posts Rs 160 crore Q2 profit as asset quality improvesESAF Small Finance Bank reported a net profit of Rs 160 crore in Q2, reversing a Rs 116 crore loss in the year-ago period. Improved margins...
City Union Bank shares rally 7% after Q2 net profit grows 27% YoY to Rs 416 CroreCity Union Bank shares rose sharply on Thursday after the lender reported a 27% year-on-year rise in Q2 FY27 net profit to Rs 416 crore. Ne...
Bandhan Bank Q2 profit jumps 5.6 times as asset quality improvesBandhan Bank reported a five-fold rise in Q2 profit to Rs 622 crore, supported by lower provisions and improving asset quality. Net interes...
Global Market: Nomura Holdings Q2 profit rises 13% on wealth management growthNomura Holdings reported a 13% YoY rise in second-quarter net profit to 103.7 billion yen, supported by strong wholesale earnings and stead...
Global Market: UBS Q3 profit rises 8% to $2.69 billion, accelerates buyback planETMutualFunds identifies Axis, SBI, Kotak and Nippon India small-cap funds using parameters such as rolling returns, consistency, downside ...
PSU vs private banks: The real story behind the Q2 divergencePublic sector banks are experiencing stronger net interest margin growth compared to their private counterparts this quarter. Despite facin...
Global Market: HSBC third-quarter profit jumps 32% to $9.6 billionHSBC has announced a remarkable 32% rise in pretax profits for the third quarter, totaling $9.6 billion. This surge is attributed to increa...
Q2 earnings done for HDFC Bank, ICICI, other private lenders. What's next?Private banks delivered mixed Q2 FY27 earnings, prompting analysts to identify lenders with attractive valuations and flag those investors ...
Tamilnad Mercantile Bank Q2 Results: Net profit rises 42% to record Rs 451 crore on high net interest incomeTamilnad Mercantile Bank has set a remarkable milestone with a net profit of Rs 451 crore for the quarter from July to September. This succ...
Indian Overseas Bank to raise $500 million as Q2 profit jumps 56%Indian Overseas Bank plans to raise $500 million through external commercial borrowings in two tranches by December. The lender reported a ...
Bank of Maharashtra Q2 profit jumps 41.5% as bad loans declineBank of Maharashtra posted a 41.5% year-on-year rise in Q2 net profit to Rs 2,310 crore, supported by stronger income, deposit and credit g...
PNB aims to bring cost-to-income ratio below 50% this fiscal, 45% by FY29: MD ChandraPunjab National Bank is focusing on bringing its cost-to-income ratio below 50 percent in the current financial year. The bank aims to furt...
IDFC First Bank Q2 profit nearly triples to Rs 1,045 croreIDFC First Bank’s Q2 net profit tripled to Rs 1,045 crore, supported by strong loan and fee growth. Net interest income rose 21%, while net...
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 croreAU's gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at R...
IndusInd Bank posts Rs 1,242 crore net profit on lower provisionsIndusInd Bank reported an impressive consolidated net profit of ₹1,242 crore for the September quarter, marking a robust recovery from the ...
Jana Small Finance Bank Q2 profit jumps 127%, raises FY27 growth outlookJana Small Finance Bank reported a 127% year-on-year rise in Q2 profit to Rs 170 crore, supported by business growth, higher margins and im...
ICICI Bank profit spurts 20% on NII; core profitability a tad lower on FCNR(B)ICICI Bank reported a 20% rise in second-quarter net profit, helped by an 18% increase in core net interest income. However, core profitabi...