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3 mins read

Street to keep a hawk eye HDFC Bank’s net interest margin and deposit growth trends

HDFC Bank’s merger with parent HDFC Limited has expanded its book but affected its profitability. I…

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2 mins read

Markets hit new highs again after two session fall

Benchmark equity indices rebounded after two consecutive days of fall on Thursday with Sensex and N…

PTI   


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5 mins read

SBI’s core business stays strong despite one-time hit on account of higher wage costs in Q3

India’s largest bank SBI saw its third quarter profits slip by 35.5% as it took a ₹7,100 exceptiona…

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2 mins read

Yes Bank Q2 net profit jumps 48% on low base; says unsecured book reporting stress

Yes Bank on Saturday reported an over 47% increase in its net profit at Rs 228.64 crore in the Sept…

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1 min read

RBI asks NBFCs to broad-base fundraising, reduce dependence on banks

The Reserve Bank on Wednesday asked non-bank finance companies to broad-base their fundraising to l…

PTI   


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2 mins read

Stock market tumbles: Sensex drops 900 points, nifty sinks 243 points amid weakness in key sectors

Simultaneously, the Nifty took a hit of 243.30 points, kicking off at 21,786.00. Market sentiments …

ANI   


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6 mins read

Earning forecasts for Q4 FY24: Healthcare and cement companies to shine

In the fourth quarter of FY24, Indian companies that bank on domestic demand would have done much b…

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3 mins read

HDFC Bank Q3 consol net profit grows 2.6% sequentially to over ₹ 17,000 crore

HDFC Bank’s third quarter consolidated net profit went up 2.6% sequentially to ₹17,257 crore from ₹…

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2 mins read

HDFC Bank closed Q1 with ₹11,951 crore net profit

Private sector HDFC Bank Ltd on Monday said it closed the first quarter of FY24 with a net profit o…

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2 mins read

ESAF Small Finance Bank IPO subscribed 73x as QIBs rush in

The ₹463 crore ESAF Small Finance Bank’s initial public offer (IPO) was subscribed 8.3 times at the…

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5 mins read

SBI Q4 results: India’s largest lender posts record quarterly net profit of ₹16,695 crore, up 83% YoY

State Bank of India (SBI) on Thursday posted its highest-ever standalone quarterly net profit of ₹1…

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2 mins read

Don’t need to raise more capital immediately, says Axis Bank’s CEO Amitabh Chaudhry

Axis Bank will not need to raise more capital after the Reserve Bank of India mandated banks to inc…

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2 mins read

RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth

In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth o…

ANI   


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1 min read

IDBI Bank Q1 2023-24 profit jumps 62% to Rs 1,224 cr

Total income in the first quarter of the current fiscal rose to Rs 7,712 crore, from Rs 5,774 c…

PTI   


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3 mins read

Indian banks’ dream run could soon be over as deposit rates start catching up to lending rates

The dream run of Indian banks could soon be over as rates on fresh deposits are starting to catch u…

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3 mins read

ESAF Small Finance Bank lists at 20% premium but below grey market expectations

ESAF Small Finance Bank made its D-street debut at a 20% premium on Friday. This is lower than what…

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1 min read

Central Bank Q1 2023-24 profit surges 78% to Rs 418 crore

Total income during the quarter under review increased to Rs 8,184 crore from Rs 6,357 crore in FY2…

PTI   


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8 mins read

SBI vs Bank of Baroda vs Canara Bank: How India’s top PSU banks performed in Q4

Indian PSU banks have yet again delivered another stellar quarter of earnings in the fourth quarter…

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4 mins read

IndusInd Bank Q3 net profit grows 69% YoY to ₹1,959 crore, margin and asset quality see improvements

IndusInd Bank reported a standalone net profit of ₹1,959 crore in Q3, registering a growth of 69% y…

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2 mins read

IndusInd Bank stock hits 52-week high after a strong Q1 show

Shares of IndusInd Bank climbed nearly 4 per cent on Wednesday morning after the company reported a…