State Bank of India hands over Rs 8,813 cr dividend cheque to government for FY26SBI presented a dividend cheque of Rs 8,813 crore for the financial year 2025-26 to Union Finance Minister Nirmala Sitharaman. This payout ...
Indian banks' profitability to ease this fiscal on lower treasury gains, ECL provisions: CrisilIndian banks will see a slight dip in their return on assets this fiscal. This is due to lower treasury income and early provisions for a n...
India may cheer an Iran deal, but peace in Hormuz won’t refill its emptying economic tankThe economic horizon of India is clouded by a dual predicament characterized by a lack of financial resources and innovative ideas. While r...
IRFC to raise ECB loan worth $2 billion to finance large infra projectsIndian Railway Finance Corporation is set to raise USD 2 billion through external commercial borrowing. This funding will primarily be in J...
Loans likely to cross Rs 1 lakh cr milestone in FY27: IRFC CMDIndian Railway Finance Corporation (IRFC) aims to sanction Rs 1 lakh crore in loans this financial year, with plans to raise Rs 70,000 cror...
Indian banks remain stable despite margin pressure after RBI rate cut: ReportIndian banks are financially stable. Bad loans are under control. Profit margins face pressure from recent interest rate cuts. Banks are fo...
UCO Bank sees no MSME stress from US tariffs, Iran warThe public sector bank's chief executive, Ashwani Kumar, told ET that its loan portfolio performance behaviour is healthy on a year-on-year...
Process for COVID-19 vaccine clinical trials begins at NIMS Hyderabad"Everything will be sent to ICMR, where data is analysed. We have already started the screening of individuals. We will first take audio vi...
Ujjivan Financial soars 7% on 3-fold jump in Q4 netThe company reported Rs 65 crore profit for January-March, an over three-fold increase from Rs 19 crore in the year ago period.
Bandhan Bank Q4 profit rises 20% YoY to Rs 388 croreNet Interest Income (NII) for the quarter grew 25.2 per cent at Rs 863 crore.
Bank of Baroda falls for 7th consecutive sessionThe scrip rose 1.69 per cent to hit a high of Rs 171.90 on BSE.
ICICI Bank net plunges on NPA surge, muted stake sale in Lombard JVThe private lender had reported a net profit of Rs 3,102 crore in the same quarter last year.
Axis Bank reports 73% drop in Q3 net profit; fresh slippages at Rs 4,560 croreIn a filing to BSE, the bank said fresh slippages for the quarter stood at Rs 4,560 crore, compared with Rs 2,082 crore in the year-ago qua...
Yes Bank Q3 net profit jumps 30.6%, provisions drop 22%Total net income for the quarter stood at Rs 2,505.80 crore, which included non-interest income of Rs 998.30 crore. On YoY basis, total inc...
Yes Bank likely to report 17% YoY growth in Q3 net profitThe private sector lender had reported a net profit of Rs 675.7 crore for the year-ago period and Rs 801.50 crore for the previous quarter,...
- ING Vysya Bank Q1 net up 36 pc at Rs 94 cr
Private sector lender ING Vysya Bank posted 36 per cent increase in its net profit at Rs 94 crore for the quarter ended June 2011.
- DCB foresees fall in net interest margins
Development Credit Bank says its net interest margins is likely to come down to 2.3% during Q1.