DCB Bank's management said the company's growth momentum continues to be robust across both advances and deposits; NIM is stabilising and fee income continues to grow consistently.
On a consolidated basis, the bank's net profit grew 15.7 per cent to Rs 13,502 in Q4FY25 from Rs 11,672 crore in Q4FY24
HDFC Bank on Saturday posted a 6.6 per cent increase in standalone profit at Rs 17,616 crore in the fourth quarter of 2024-25. The country's biggest private sector lender had earned a net profit of Rs 16,512 crore in the same quarter a year ago. Total income increased to Rs 89,488 crore during the quarter under review, as against Rs 89,639 crore in the same period of last year, HDFC Bank said in a regulatory filing. The bank reported interest income of Rs 77,460 crore during the January-March quarter of 2024-25, compared to Rs 71,473 crore in the same period a year ago. The board of the bank recommended a dividend of Rs 22 per equity share of Re 1 each for the year ended March 31, 2025. As regards asset quality, the bank witnessed slight deterioration, with gross Non-Performing Assets (NPAs) rising to 1.33 per cent of the gross loans by the end of March 2025, from 1.24 per cent a year ago. Similarly, net NPAs or bad loans rose to 0.43 per cent, from 0.33 per cent at the end of th
The bank's NII was up a little over 10 per cent Y-o-Y at Rs 32,065.8 crore in the reporting quarter
ICICI Bank on Saturday reported a 15.7 per cent jump in March quarter consolidated net profit at Rs 13,502 crore. On a standalone basis, the second largest private sector lender's net profit for the January-March quarter came at Rs 12,630 crore, up 18 per cent, as against Rs 10,708 crore in the year-ago period. The core net interest income moved up 11 per cent to Rs 21,193 crore, from the year-ago period's Rs 19,093 crore. The non-interest income excluding treasury increased 18.4 per cent to Rs 7,021 crore. Provisions came at Rs 891 crore in the March quarter, as against Rs 718 crore in the year-ago period. The gross non-performing assets ratio improved to 1.67 per cent at the end of March 2025, from 1.96 per cent in December 2024.
Foreign Portfolio Investors increased their holding in the bank by nearly 5 percentage points to 29.5% in March 2025 quarter from 24.7% at the end of December 2024 quarter.
An Axis Securities note provides a sector-wise distribution of stocks trading above key Exponential Moving Averages. EMAs give more weight to recent prices, making them more responsive to new triggers
YES Bank reported a 6.8 per cent increase in total deposits to ₹2.84 trillion in Q4FY25 compared to ₹2.66 trillion in Q4FY24
Investors should not rush into IndusInd Bank stock right now, but buy on news flow and in a phased manner, reckons Gaurang Shah of Geojit Financial Services.
Technical chart hints up to 10% downside risk for the Bank Nifty; among private banking shares HDFC Bank looks weak; while ICICI Bank and Axis Bank may trade with a favourable bias in the near-term.
On Wednesday, February 26, banks will stay closed in certain states because of Mahashivratri. This week, banks in a number of cities will be closed for two days, but not consecutively
The Federal Bank shares popped 2.03 per cent to hit an intraday high of Rs 183.35 per share
The rally in Bandhan Bank's share price followed an upgrade from Hong Kong-based brokerage firm CLSA, which raised its rating to 'High Conviction Outperform' from the previous 'Outperform' rating
Private banks have historically been rare in the market, but have begun tapping it or exploring deals amid regulatory pressure
Technical chart shows that Bandhan Bank stock is likely to trade with a bearish bias as long as the stock remains below Rs 132.80; A counter rally can lead to 28% upside; check key levels here
Private banks and non-bank lenders have grown their personal loan books aggressively but reported an increase in bad loans in the six months through December
The government on Friday said so far the RBI has permitted 123 correspondent banks from 30 trading partner countries to open 156 Special Rupee Vostro Accounts (SRVAs) with 26 banks in India to promote bilateral trade in local currencies. The RBI has also entered into local currency settlement system arrangements with select trade partner countries like the UAE, Indonesia and Maldives for encouraging settlement of cross-border trade in rupee and the local bank of the partner country, Minister of State For Commerce and Industry Jitin Prasada said in a written reply to the Rajya Sabha. "As on date, RBI has permitted 123 Correspondent banks from 30 trading partner countries for opening of total 156 SRVAs with 26 AD (authorised deal) banks in India," he said. The government in consultation with the RBI, has taken several steps towards increasing the availability and acceptability of the domestic currency and use of other local currencies for cross-border transactions. This would enable
More important is customer service, like these days, digital banking, mobile banking, our internet banking, how these are synchronised
Credit cost for most of the lenders increased due to higher provisions, mainly for unsecured retail loans
ICICI Bank's net interest margin dropped marginally by 2 basis points to 4.25 per cent in Q3 compared to 4.27 per cent in the previous quarter, margins to stay stable until rate cut cycle starts