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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 …

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ICICI Bank shares climb over 1% on strong Q2 numbers

Shares of ICICI Bank on Monday climbed over 1% after the company reported a 36.08% jump in its cons…

PTI   


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6 mins read

Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…

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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…

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PNB's net profit zooms 327% to Rs 1,756 crore, highest in 14 quarters

Public sector lender Punjab National Bank (PNB) on Thursday reported a 327 per cent jump in net pro…

PTI   


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Yes Bank stock slips 5% as high provisions drag down its Q4 net profit

Shares of private sector lender Yes Bank slumped nearly 5% on Monday. The bank reported a huge 45…

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UCO Bank net profit dips over 20% to Rs 402 crore in Q2

State-run UCO Bank on Friday said its net profit for the second quarter of the current fiscal dippe…

PTI   


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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   


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Sensex @ 84k: With 1,359 pts gain, benchmark index settles above historic mark

Sensex hits a record high of 84,544.31, driven by gains in bank stocks and positive global trends, …

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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…

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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   


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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…

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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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Markets fall in early trade on profit-taking, foreign fund outflows

Benchmark equity indices declined in early trade on Tuesday, halting their three days of rally, on …

PTI   


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South Indian Bank profit rises 75% to Rs 202 crore in Q1

South Indian Bank on Thursday reported a 75 per cent increase in net profit at Rs 202 crore in the …

PTI   


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6 mins read

A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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2 mins read

Indian stocks open Tuesday's session at fresh all-time highs; some profit booking expected

The Indian stock market opened at a record high with Sensex opening at 79,840.40, above 364 points …

ANI   


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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   


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Axis Bank Q2 net profit rises 10 pc to Rs 5,863 crore

Private sector lender Axis Bank on Wednesday reported a 10 per cent rise in net profit at Rs 5,863 …

PTI   


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Punjab National Bank Q1 net profit surges to ₹1,255 cr

In a regulatory filing, the public sector bank said it closed the Q1FY24 with a total income of ₹ 2…