Kotak Mahindra Bank’s Net Interest Margins (NIMs) for the quarter stood at 4.53%, a 12 basis points contraction from 4.65% in the previous year and 14 basis points contraction from the 4.67% it reported during the March quarter. Analysts were…
Yes Bank’s Net Interest Margins expanded by 20 basis points from last year to 2.7%, which is also the same figure reported during the March quarter.
HDFC Bank’s gross NPA in absolute terms stood at ₹35,846 crore during the June quarter versus ₹34,061 crore in March, while Net NPA stood at ₹12,357 crore from ₹11,169 crore last quarter.
Axis Bank’s Provisions for the quarter stood at ₹2,222.5 crore, lower than the previous quarter’s provision figure of ₹3,522 crore.
PNB’s tax expenses at the end of the June quarter stood at ₹1,725 crore from ₹5,083 crore during the same quarter last year.
Besides the chip index, the Dow Jones fell nearly 450 points on Friday, the S&P 500 fell over 1%, while the Nasdaq Composite shed another 1.5%. The Nasdaq 100 index was also down by a similar quantum.
Q1 Banking Results LIVE Updates: Nearly a quarter of the Nifty 50 weightage is set to report results for the June quarter today, HDFC Bank, ICICI Bank, Yes Bank, Axis Bank, Kotak Mahindra Bank, Punjab & Sind Bank, all will…
Reliance Industries reported a consolidated net profit of ₹20,946 crore for the quarter, which is ahead of the Bloomberg consensus estimates of ₹19,823 crore. The results were supported by resilient refining margins and steady growth seen across its consumer facing…
Zepto’s proposed public listing is attracting interest from marquee global and domestic investors, even as the quick-commerce company heads to the markets at a valuation below its previous funding-round peak. The ₹11,000 crore issue could see the anchor portion account…
The state-run company has won a project to install key equipment at Rajasthan’s Fatehgarh-II power station to support the interstate electricity network.