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Loan growth, fall in provisions help SBI profits in Q2State Bank of India reported a 14% year-on-year rise in Q2 FY27 net profit to Rs 23,038 crore, driven by 18% loan growth, higher net intere...
Motilal Oswal Financial Services announces leadership rejig; appoints new heads across businessesMotilal Oswal Financial Services announced major leadership changes across alternatives, retail broking and private wealth businesses. The ...
SBI targets 14-15 pc credit growth, govt may revisit LTCG tax amid FPI outflows: Chairman CS SettySpeaking exclusively to following the bank's Q2 FY27 financial results presentation, Setty expressed confidence in sustaining credit growth...
SBI hunts for weak links after suspected cyberattack exposed 3,897 customer recordsState Bank of India (SBI) is investigating a suspected cyberattack that may have exposed 3,897 customer records, with root cause analysis s...
SBI Q2 Results: Standalone profit rises 14% YoY to Rs 23,038 crore, NII jumps 15%SBI Q2 Results: Net interest income in the reporting period increased 15% YoY to Rs 49,143 crore.
Marico profit jumps 31%, flags rising input costs amid West Asia woesMarico has reported a 13% increase in consolidated revenue, driven by strong volume growth in India and international markets. The company ...
ITC Q2 net profit falls 20% as high taxes keep margins in checkITC reported a 20% decline in standalone net profit for the September quarter despite a 45% increase in revenue. The rise in cigarette taxa...
SBI Q2 Results Preview: PAT may rise up to 25% YoY; NII, margins, deposit growth in focusState Bank of India will announce Q2FY27 results on November 3, with brokerages forecasting 11-13% NII growth and up to 25.2% profit growth...
Fusion Finance swings to Rs 86.5 crore profit as asset quality improvesFusion Finance reported a net profit of Rs 86.5 crore in Q2, reversing a year-ago loss of Rs 22.1 crore. Gross NPAs improved to 1.6%, AUM g...
Bank of Baroda's Q2 profit surges 36% YoY on NSE stake saleIn a remarkable financial performance, Bank of Baroda reported a staggering 36% rise in net profit for the second quarter, reaching ₹6,532 ...
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...
Pidilite Industries reports 7% YoY growth in net profit to Rs 626 crorePidilite Industries has achieved a remarkable 7% growth in consolidated net profit for the September quarter, with profits hitting ₹626 cro...
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...
Icra sees bank credit growth slowing to 15-16% in FY27 as rates riseCredit growth is projected to ease to 15-16% for FY27, impacted by hardening policy rates. Fresh slippages for public sector banks are esti...
Credit card additions hit second-highest monthly level in 2026 as banks gear up for festive seasonHDFC Bank and Axis Bank together accounted for nearly 43% of the net additions during September, adding 539,878 cards between them. The two...
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 ...
Stocks in news: Paytm, Tata Consumer, Dalmia Bharat, REC and DCM ShriramIndian equity markets showed recovery with a rise in NSE Nifty 50, ending a four-session losing streak. Several companies reported their Se...
Stocks in news: Infosys, Kotak Mahindra Bank, YES Bank, Raymond, BPCL, Coforge and Senco GoldIndian equity markets have faced a decline for four consecutive sessions, with the Nifty falling significantly. Various factors, including ...
SBI Cards Q2 profit jumps 75% YoY to Rs 778 crore as bad loan costs fall sharplySBI Cards reported a 75% year-on-year profit increase to Rs 778 crore in Q2 FY27, driven by lower credit costs and improved asset quality. ...
- Union Bank Q2 net profit up 30% as margins improve
Total advances in the September quarter increased 19% year-on-year to ₹11.6 lakh crore, led by a 17% growth in domestic advances, which was...