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External borrowings to meet capital needs putting pressure on bank's net interest margins, says a report by SBI Securities
The banks in the country are facing challenges due to a slowdown in deposit growth, according to a …
ANI
TCS Q1 results 2024: Contract values, net profits take a hit as PAT, employee count sees hike
On expected lines, the IT giant's net profit is down by 3.2% on a quarter-on-quarter (QoQ) basis, …
India's retail inflation eases marginally in April; here's what experts have to say
India's retail inflation eased to 4.83 per cent in April, down from 4.85 per cent in March. However…
ANI
Bank of Maharashtra's Q2 net profit zooms 72% to ₹920 crore
State-owned Bank of Maharashtra (BoM) on Monday posted a 72 per cent jump in net profit at Rs 920 c…
PTI
With stock markets crashing worldwide, are fears of a recession loading in the US pre-mature?
Even Goldman Sachs economists have upped the probability of recession hitting the US by 2025 to 25%…
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…
HCL Tech Q1 results: Company reports better than expected results, revenue jumps 6.7% YoY
In FY25, the company expects its revenue growth to be in the range of 3-5% on a year-over-year basi…
MRPL swings to profitability on robust refining margins
Mangalore Refinery and Petrochemicals Ltd (MRPL) on Wednesday reported return to profitability in t…
PTI
Federal Bank's Q2 net profit rises 36% to ₹954 crore
Private sector lender Federal Bank on Monday reported a 35.54 per cent jump in standalone net profi…
PTI
RIL fires on all cylinders, net profit jumps 27% to ₹17,394 crore in Q2
Billionaire Mukesh Ambani-led Reliance Industries reported a robust 27% year-on-year jump in its ne…
Election fever? Equities and SIP inflows mark record highs in May, per AMFI data
The Indian mutual fund industry continued to register strong growth in fund inflows during May 2024…
Indian stocks marginally lower Friday, retail inflation data now in focus
Indian stock market indices were marginally lower at opening bell Friday, largely due to more-than-…
ANI
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…
Asian Paints Q1FY25 results: Net profit dips by 25%, revenue also misses market estimates
The company's international sales also took a hit, down to Rs 679.1 crore from Rs 695.1 crore, ma…
Sensex, Nifty trade with marginal gains in early session
Equity benchmark indices Sensex and Nifty eked out marginal gains in early trade on Wednesday amid …
PTI
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…
Indian banks expected to maintain profitability amid margin pressure: Fitch Ratings
According to Fitch, while net interest margins (NIMs) are anticipated to narrow by 10 to 20 basis p…
ANI
BPCL shares rally 5% after earnings announcement
On the NSE, it climbed 5 per cent to Rs 621.95. BPCL on Thursday reported a 30 per cent fa…
PTI
Indian stocks extend gains, marginally up at Wednesday opening bell
Indian stock indices extended their gains from the previous to marginally rise at the opening bell …
ANI
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…