Better recoveries, low slippages pull down PSU banks write-offs to multi-year lows in FY26Public sector banks in India saw loan write-offs fall to multi-year lows in fiscal year 2025-26. This positive trend is attributed to fewer...
15 May, 2026, 04.46 PM IST
PFC Q4 Results: Profit rises 24% to Rs 6,325 crore as interest income growsPower Finance Corp reported a strong rise in fourth-quarter and full-year earnings for FY26, supported by higher interest income, improved ...
13 May, 2026, 03.04 PM IST
PNB shares jump 4% after Q4 results but Jefferies, Motilal, other brokerages are cutting target prices; here's whyPunjab National Bank shares saw a significant jump on Wednesday. The lender reported a 14% rise in net profit for the fourth quarter of FY2...
06 May, 2026, 10.45 AM IST
Axis Bank Q4 profit dips on higher provisions, trading lossAxis Bank's net profit saw a slight dip in the fourth quarter. This was impacted by trading losses and a new provision for potential risks....
26 Apr, 2026, 09.24 AM IST
Piramal Enterprises back in the black on large tax write-backOn an annual basis, PEL swung to a loss of 1,684 crore from a profit of 9,969 crore, due to the impact of AIF provisions during the fiscal.
09 May, 2024, 06.21 AM IST
REC Q4 Results: Net profit jumps 33% to to Rs 4,079 cr on core income, provision write-backInfrastructure financier REC on Tuesday reported a 33 per cent rise in its consolidated net profit to Rs 4,079 crore in the March quarter, ...
30 Apr, 2024, 07.48 PM IST
RBL Bank posts 46 per cent increase in second quarter profitDuring the quarter ended September 30, the bank received income tax orders related to matters under appeal, which resulted in a tax provisi...
21 Oct, 2023, 11.19 PM IST
PNB edges higher on fund raising plansPNB is expecting a write-back of Rs 4,000 crore from Essar Steel and Bhushan Power and Steel
30 May, 2019, 03.44 PM IST
PFC sees more write-backs as asset quality improvesThe aggregate exposure on these are Rs 1,400 crore and PFC has 11 per cent provisioning on it.
30 May, 2019, 08.13 AM IST
PNB to mop up Rs 10K crore from non-core asset sale, rights issue, write-backThe lender is expecting a write-back of Rs 4,000 crore from Essar Steel and Bhushan Power and Steel which are undergoing resolution under t...
29 May, 2019, 08.25 PM IST
See tax write-back continuing in next couple of quarters as well: Nitin Patel, Sadbhav Engineering"Tax had a big role to play during the quarter under review. The write-back was mainly because of the excess provision in the previous year...
17 Feb, 2015, 01.21 PM IST
ACC' performace in line with with mkt expectationsWith the exception of tax writeback, there has been hardly any noteworthy change in the company’s performance from a year earlier.
24 Apr, 2014, 04.40 PM IST
Reliance Communications rallies over 4% on five-fold jump in Q2 net profitThe mobile operator reported a net profit of Rs 675 cr for the period, including a Rs 441 cr writeback for restructuring provisions.
13 Nov, 2013, 10.01 AM IST
Reliance Communications Q2 net rises five-fold to Rs 675 croreReliance Communications Ltd , India's fourth-biggest cellular carrier, reported a surge in quarterly net profit, smashing analysts' estimat...
13 Nov, 2013, 05.46 AM IST
Asset quality concerns persist for Indian Overseas BankIndian Overseas Bank came out with a disappointing set of numbers for the quarter ended March owing to asset quality deterioration.
29 Apr, 2013, 07.15 PM IST
Banks set for a huge windfall on g-sec yield fallSBI seen gaining most, but analysts not sure of bank booking profits.
29 Dec, 2008, 03.28 AM IST
- Loan growth, bond portfolio to prop up banks’ Q2 numbers
Banking companies’ Q2FY09 results are likely to get a boost from the loan growth, in excess of 25% and writeback of mark-to-market losses.
07 Oct, 2008, 02.57 AM IST