SBI Chairman Setty rules out asset quality stress in Q1, says seasonality distorts sequential NPAsState Bank of India reported a strong first quarter with net profit rising over ten percent. Gross advances surpassed fifty lakh crore rupe...
SBI Q1 profit beats estimates on strong loan growth, asset qualitySBI reported a 10% rise in Q1 net profit to Rs 21,121 crore, beating estimates on robust loan growth and higher net interest income. Improv...
SBI Q1 Results: Standalone profit rises 10% YoY to Rs 21,121 crore, beats estimatesState Bank of India reported a ten percent year-on-year net profit growth. Its net interest income also saw a fifteen percent rise during t...
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 ...
Equitas to take cautious steps towards universal bank licenseEquitas Small Finance Bank is eligible for voluntary transition into a universal lender. The bank is cautious about applying after peers fa...
Utkarsh Small Finance Bank posts Rs 34 crore Q1 loss; asset quality stress persistsUtkarsh Small Finance Bank reported a net loss of Rs 34 crore for the June quarter, marking its fifth consecutive quarterly loss, as elevat...
Bajaj Finance shares rally 5% after Q1 results. What Nomura, Nuvama, other brokerages expectBajaj Finance shares jumped after the NBFC reported a strong Q1 FY27 performance, with standalone net profit rising 28% YoY to Rs 6,081 cro...
Bajaj Finance Q1 Results: Profit jumps 28% YoY to Rs 6,081 crore, NII surges 23%Bajaj Finance on Thursday reported 28% year-on-year (YoY) growth in its standalone net profit at Rs 6,081 crore, compared with Rs 4,765 cro...
Karnataka Bank Q1 profit jumps 43% as asset quality improvesKarnataka Bank reported a 43% year-on-year rise in Q1 net profit to Rs 419 crore, driven by stronger business growth, improved asset qualit...
Bajaj Housing Finance Q1 Results: Net profit jumps 23% YoY to Rs 715 crore, AUM surges 24%Bajaj Housing Finance Q1 Results: Bajaj Housing Finance on Wednesday reported a net profit of Rs 715 crore for the first quarter of FY27, m...
Gold loan NPAs may rise as NBFCs shift to monthly installments, ICRA projects market growthGold loan NPAs may increase as lenders shift to monthly installments. The overall gold loan market is projected to grow over thirty percent...
Equitas SFB returns to profit in Q1 as provisions fall sharplyEquitas Small Finance Bank posted a first-quarter net profit of Rs 184 crore against a year-ago loss, aided by sharply lower provisions. Th...
Canara Bank targets up to $2.5 billion via FCNR-B, overseas borrowingsCanara Bank plans to raise up to $2.5 billion through FCNR-B deposits and overseas borrowings to boost dollar inflows. The lender reported ...
Bank of Baroda shares fall 2% after Q1 earnings. Why are brokerages slashing target prices?Bank of Baroda shares fell after a sharp 72% drop in Q1 net profit due to a one-off NMC Health settlement. Brokerages cut target prices des...
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...