'No US lawsuits filed yet, ready to defend on facts if needed': HDFC Bank CEO clarifies on governance allegationsHDFC Bank assured shareholders about its strong governance credentials. No US lawsuits have been filed against the bank following investiga...
ICICI Securities initiates coverage on 7 PSU banks with positive valuationsICICI Securities commenced its analysis on seven public sector banks, giving most a Buy rating. They predict a strong return on equity for ...
Mid-tier private banks rake in more low-cost deposits"Our Casa was only 10% initially. For the first three or four years of taking over management of this bank, we slowed down the loan book an...
AU Small Finance Bank shares rally 5% as Q1 PAT jumps 37% to Rs 796 crore, NII up 32% YoYAU Small Finance Bank share price jumped 5% after it reported a 37% year-on-year rise in net profit to Rs 796 crore for the June quarter, d...
AU Small Finance Bank Q1 Results: Net profit up 37% to Rs 796 croreAU Small Finance Bank reported a 37% net profit increase for Q1. Net interest income also saw a significant 31.8% year-on-year rise. The le...
Bank of Baroda Q1 Results: Profit falls 72% to Rs 1,278 crore on one-off settlement hitBank of Baroda's June-quarter profit fell 72% due to a Rs 5,680 crore one-off settlement, despite strong loan growth and stable asset quali...
IndusInd Bank Q1 Results: Profit soars 72% YoY to Rs 1,037 crore; NII flatIndusInd Bank reported a 72% year-on-year jump in consolidated Q1 net profit to Rs 1,037 crore, aided by lower provisions despite flat net ...
Cause for concern? HDFC Bank is lagging ICICI Bank where it matters as investors count Rs 5 lakh crore lossHDFC Bank's stock has declined significantly this year, losing considerable investor value. Analysts note a widening operating gap between ...
Private banks go for a tumble on D-St after Q1 stumbleMost private lender stocks declined Monday after first-quarter earnings showed profitability pressures. Axis Bank and HDFC Bank saw signifi...
HDFC Bank shares crash 5%, wipe off Rs 70,000 cr from investor wealth. Why Jefferies, Nomura, others see up to 28% upside?HDFC Bank shares fell sharply on Monday after its Q1FY27 earnings failed to impress investors, wiping out nearly Rs 70,000 crore in market ...
India Inc is returning to banks for money, but retail borrowers aren’t keeping paceIndia’s largest private banks are witnessing a shift in credit demand, with corporate and SME lending driving loan growth while retail borr...
Rs 91,000 crore wipeout: What spooked HDFC Bank, Axis Bank and Kotak investors even as credit growth picked up?Nearly Rs 91,000 crore was wiped off the market value of HDFC Bank, Axis Bank and Kotak Mahindra Bank as stronger credit growth failed to o...
ICICI Bank net profit jumps 16% YoY to Rs 14,805 croreICICI Bank reported a 15.9% year-on-year rise in Q1 FY27 net profit to Rs 14,805 crore, driven by healthy growth in net interest income, st...
Kotak Bank Q1 net rises 26% on loan growthKotak Mahindra Bank experienced a remarkable net profit surge of twenty-six percent in the June quarter. This impressive growth can be attr...
IDBI Bank Q1 Results: Net profit grows 5% YoY to Rs 2,115 crore, NII climbs 10%IDBI Bank reported a 5% YoY rise in Q1 FY27 standalone net profit to Rs 2,115 crore, while net interest income grew over 10%. Deposits and ...
Kotak Mahindra Bank Q1 Results: Net profit climbs 26% YoY to Rs 4,123 crore; NII rises 9%Kotak Mahindra Bank Q1 Results: Kotak Mahindra Bank reported a 26% YoY rise in Q1 FY27 standalone net profit to Rs 4,123 crore, while NII i...
Axis Bank Q1 Results: Net profit jumps 23% YoY to Rs 7,114 crore; NII up 8%Axis Bank Q1 Results: Axis Bank reported a 22.5% YoY rise in Q1 FY27 standalone net profit to Rs 7,114 crore, while net interest income inc...