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Indian Overseas Bank eyes $650 million foreign deposits by SeptemberIndian Overseas Bank aims to gather $650 million in foreign currency deposits by September. The bank has already secured $300 million witho...
India's private banks draw thinner margins on tepid credit growthTop private sector banks reported weaker net interest margins (NIMs) in the June quarter as sluggish retail loan demand pushed them towards...
Karur Vysya Bank net profit surges 45% to Rs 756 crore in Q1, asset quality sees slight slipKarur Vysya Bank announced a significant 45% rise in first quarter net profit. This increase brought their earnings to ₹756 crore compared ...
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 fall 5% after Q1 results. Should you buy, sell or hold the stock?HDFC Bank share Price: HDFC Bank shares fell after the lender reported a 5% year-on-year rise in Q1FY27 standalone net profit to Rs 19,060 ...
ICICI Bank shares rise 3% after Q1 results. Why Bernstein and 4 other brokerages see up to 32% upsideICICI Bank shares rose 3% after the lender reported strong Q1FY27 results, with net profit growing 15.9% and net interest income rising 12....
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...
Axis Bank shares fall 5% after Q1 earnings fail to cheer D-Street. What brokerages sayAxis Bank shares fell despite reporting a 22.5% year-on-year rise in Q1FY27 standalone net profit to Rs 7,114 crore. Net interest income (N...
Axis Bank standalone profit soars 23% in Q1Axis Bank on Saturday reported a 23% year-on-year increase in standalone quarterly net profit, aided by lower provisions, even as its pre-p...
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...
HDFC Bank logs 5% rise in profit on margin pressureHDFC Bank announced a notable five percent rise in profits for the June quarter, showcasing a robust growth in net interest income. Despite...
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 ...
HDFC Bank Q1 Results: Net profit rises 5% YoY to Rs 19,060 crore, NII up 7%HDFC Bank Q1 Results: HDFC Bank reported a 5% YoY rise in Q1 FY27 standalone net profit to Rs 19,060 crore, while net interest income incre...
Jana SFB targets 80:20 secured-unsecured loan mix; expects TVS partnership to boost two-wheeler financingJana Small Finance Bank plans to reduce unsecured loans to 22-23% of its portfolio over the next two years from 27%, with a long-term targe...
Moody's affirms SBI, HDFC Bank ratings on strong asset qualityMoody's Ratings has confirmed the ratings for both State Bank of India and HDFC Bank, attributing a stable outlook to their robust asset qu...
Japan's Nikkei rallies on bargain-hunting, Kospi recoveryJapan's Nikkei share average rallied on Tuesday, reversing an earlier slide. Bargain-buying and a recovery in South Korea's Kospi supported...