Emirates NBD to acquire 60% stake in RBL Bank for ₹26,853 crore
The investment will involve a capital infusion of up to ₹26,853 crore at a price of ₹280 per share.
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PNB projects a margin jump in next two quarters
The management shared some forecasts and plans for the coming quarters with analysts in a conference call after the latest earnings.
IDFC First Bank Q2 profit surges 75% on higher core income, lower provisions
Provisions for the quarter fell 12.5% sequentially to ₹1,452 crore from ₹1,659 crore in Q1 FY26, primarily due to lower provisions in the microfinance book.
IndusInd Bank reports surprise Q2 loss as provisions surge, asset quality stabilises
Provisions surged to ₹2,622.4 crore, up from ₹1,737.8 crore in Q1 FY26 and ₹1,820.1 crore in Q2 FY25, reflecting higher credit costs during the quarter.
UltraTech Cement Q2 results: Profit jumps 75% on higher volumes, margin expands
The company’s net profit rose to ₹1,232 crore, up from ₹703 crore in the same period last year.
IDBI Bank profit nearly doubles on year, margin improves from June
Nearly 47% of the profit came from the sale of shares in the NSDL IPO concluded in the last quarter.
CEAT expects input cost relief in Q3, but topline may slide
The sharp recovery in profit margin may continue in the winter months when sales are slow.
PNB Q2 results: Profit rises on strong business growth, asset quality improves
The public sector lender’s net profit rose to ₹4,904 crore, up from ₹4,304 crore in the year-ago period.
HDFC Bank Q2 results: Provisions drop sharply QoQ, earnings beat estimates
The country’s largest private lender said its net profit rose to ₹18,641.3 crore, up from ₹16,821 crore in the year-ago period, exceeding market estimates of…
Yes Bank Q2 Results: Earnings improve as profit climbs 18%, asset quality stable
The private lender, which has been focusing on improving profitability and maintaining a healthy balance sheet since its restructuring in 2020, said its net profit…