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Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report
Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…
PTI
Canara Bank Q4 profit rises 18% to ₹3,757 crore
During the quarter, the bank's total income increased to Rs 34,025 crore as against Rs 28,685 c…
PTI
New beginnings: HDFC Bank’s net profit post-merger stands at ₹16,811 crore
In its maiden earnings report since its merger with HDFC, HDFC Bank reported consolidated net reven…
Banks' GNPAs set to improve further to 2.1 pc by FY25: Care Ratings
The gross non-performing assets (GNPA) of the Indian banking system are set to improve further to …
PTI
Canara Bank Q1 profit surges 75% to ₹3,535 cr aided by fall in bad loans, interest income rise
The bank's asset quality showed improvement as gross non-performing assets (NPAs) declined to 5.15 …
PTI
Banks write off Rs 14.56 lakh crore NPAs in last nine financial years
Scheduled Commercial Banks (SCBs) have recovered an aggregate amount of Rs 2,04,668 crore in wr…
PTI
PNB clocks 3-fold jump in net profit at ₹2,223 crore for Q3
Punjab National Bank (PNB) on Thursday announced an over three-fold jump in its profit to Rs 2,223 …
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…
Indian Bank Q3 profit surges 52% to ₹2,119 crore
The public sector Indian Bank on Wednesday reported a 52 per cent jump in net profit at Rs 2,119 c…
PTI
IOB Q3 profit jumps 30% to ₹723 cr on improvement in core income
State-owned Indian Overseas Bank (IOB) on Wednesday reported 30 per cent rise in net profit at Rs …
PTI
Bank of Maharashtra Q4 profit more than doubles to ₹840 crore
State-owned Bank of Maharashtra (BoM) on Monday reported a more than two-fold jump in its net profi…
PTI
Canara Bank Q3 profit surges 92% to ₹2,882 crore
Canara Bank on Monday reported 92 per cent jump in profit at ₹2,882 crore for the quarter that ende…
PTI
Not comfortable with NPAs in urban co-op banks says RBI, asks lenders to focus on governance
RBI Governor Shaktikanta Das on Monday said the central bank is "not comfortable" with the gross n…
PTI
Bank of Maharashtra Q3 profit more than doubles to ₹775 crore
State-run Bank of Maharashtra (BoM) on Monday reported a two-fold jump in its standalone profit aft…
PTI
Federal Bank Q3 profit jumps 54% to ₹804 crore
Private sector lender, Federal Bank on Monday posted a 54 per cent rise in its profit at Rs 804 cro…
PTI
In Q2, Kotak Mahindra Bank reports a 24% increase in net profit to ₹3,191 crore
Kotak Mahindra Bank's standalone net profit for the quarter ending on September 30 showed an impres…
ICICI Bank reports a 36% increase in Q2 net profit
For the September 2023 quarter, private sector lender ICICI Bank on Saturday reported a 36% increas…
BoB Q2 net profit jumps 28% to ₹4,253 crore
Bank of Baroda (BoB) on Saturday reported a 28 per cent rise in its net profit to Rs 4,253 crore fo…
PTI
AU Small Finance Bank Q2 2023-24 profit up 17% to Rs 402 cr
Net interest income of the bank improved to Rs 1,249 crore from Rs 1,083 crore in September 2…
PTI
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…