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2 mins read

HDFC's Q3 net profit rises 13% ₹3,691 crore

The company also reported its profit before tax for the nine-months ended December 31, 2022, stood …

ANI   


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1 min read

JPMorgan expects to earn $3 billion more in net interest income this year after its takeover of failed First Republic Bank

JPMorgan raised its 2023 outlook for its net interest income from $81 billion to $84 billion.

Phil Rosen   


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2 mins read

US banks weathered a record plunge in lending income as COVID-19 hit profits

Profit margins from banks' lending arms fell 0.68 points year-over-year to a record-low 2.68% in th…

Ben Winck   


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2 mins read

IndusInd Bank stock falls 3.9% as its net profit grows by 33%

Hindujas owned IndusInd Bank today posted 33% increase in its third quarter net profit to ₹1,309 cr…

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1 min read

Banking sector net interest income and net interest margins

Banking sector net interest income and net interest margins via Deutsche Bank's David Bianco:Deutsc…

Sam Ro   


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1 min read

ING Vysya’s Net Profit Dips 18% In First Quarter

"However, with these large flows, we see stability return to asset quality and believe that fresh m…

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2 mins read

Stock market today: India VIX up by 3%, NTPC, BPCL take lead in early morning trade

Ahead of the budget, which is set to be presented tomorrow, all broad market indices opened the day…

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1 min read

Axis Bank stock tumbles over 5% post Q1 earnings; market valuation erodes by Rs 19,816.9 cr

On the NSE, it slumped 5.08 per cent to settle at Rs 1,176.25. The stock emerged as the biggest lag…

PTI   


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2 mins read

Stock market closing: Sensex dips 280 points to close in red, Nifty closes 0.27% down

HDFC Life (up by 4.36%), Tech Mahindra (up by 3.12%), BPCL (up by 2.91%), NTPC (up by 2.67%) and Ta…

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1 min read

Stock market today: Indexes edge higher as traders digest fresh inflation data and bank earnings

JPMorgan, Citi, and Wells Fargo all reported earnings on Friday. Earnings could be the next catalys…

Max Adams   


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1 min read

Kotak Mahindra Bank shares climb nearly 5% after Q4 earnings

It emerged as the biggest gainer among the BSE Sensex and NSE Nifty firms. Kotak Mahindra …

PTI   


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3 mins read

Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO

Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…

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1 min read

Axis Bank posts net profit of ₹7,129 cr in March quarter

Total income rose to Rs 35,990 crore in the March quarter of 2023-24 fiscal, from Rs 28,758 cro…

PTI   


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2 mins read

ICICI Bank shares climb nearly 5% after Q4 earnings; mcap soars by ₹36,555.4 crore

On the NSE, it climbed 4.37% to Rs 1,156.40. During the day, the stock rallied 5% hitting the 52…

PTI   


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HDFC Bank shares decline over 1%, market cap erodes ₹14,434 crore

On the NSE, shares of the company went lower by 1.10 per cent to settle at Rs 1,514.35, paring …

PTI   


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1 min read

Stock market today: futures mixed ahead of JPMorgan, BlackRock earnings

Wall Street was eager for good news from the banks on Friday after a hot inflation report dashed ho…

Theron Mohamed   


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1 min read

Stock market today: futures mixed ahead of JPMorgan, BlackRock earnings

Wall Street was eager for good news from the banks on Friday after a hot inflation report dashed ho…

Theron Mohamed   


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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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1 min read

ICICI Bank net profit jumps 25.7 pc to ₹11,053 cr in Q3

The bank's core net interest income was up 13.4 per cent to Rs 18,678 crore, on the back of net…

PTI   


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3 mins read

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