Search For "improved asset quality"
Bank of India net profit surges 7.47% YoY to Rs 2,705 crore in Q3 FY26
Updated : 4 months, 2 weeks ago IST
The Bank of India reported a 7.47 per cent year-on-year rise in net profit to Rs 2,705 crore for the third quarter of the current financial year FY26, reflecting improved asset quality, steady income growth and better operating performance.
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Laxmi India Finance Limited Reports Strong Q1 FY26 Performance with 45.77
Updated : 9 months, 3 weeks ago IST
New Delhi [India], August 16: Laxmi India Finance Limited (formerly known as Laxmi India Finance Private Limited), a leading Non-Banking Financial Company (NBFC), has announced its financial results for the quarter ended June 30, 2025, delivering robust growth across key performance metrics,
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Indian financial sector showing signs of improved asset quality, operating
Updated : 1 year, 1 month ago IST
The prolonged phase of earnings downgrades in the Indian financial sector could come to an end by the first half of the financial year 2025-26 (1HFY26), says a report by Goldman Sachs.
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SBI reports 84% jump in net profit for Q3FY25, strong credit growth and im
Updated : 1 year, 4 months ago IST
The operating profit for the quarter stood at Rs23,551 crore, marking a 15.81 per cent YoY increase. Additionally, the Net Interest Income (NII) grew by 4.09 per cent YoY to Rs41,446 crore, while the Return on Assets (ROA) improved to 1.04 per cent, rising 42 basis points (bps) YoY. The bank
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Moderation in asset quality pressure to drive earnings growth for banks: I
Updated : 5 years, 5 months ago IST
New Delhi [India], December 29 (ANI): Improved asset quality and consequently lower credit provisions can drive better profitability for banks and provide impetus to lenders and rejuvenate their lending decisions, ICRA Ratings has said.
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SBI reports first quarter profit of Rs 2,312 crore with improved asset qua
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], Aug 2 (ANI): State Bank of India (SBI) was back in the black on Friday as it reported a net profit of Rs 2,312 crore for the April to June quarter of 2019-20 (Q1 FY20) due to healthy growth in advances and stable asset quality.
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ICICI Bank posts Q1 profit of Rs 1,908 crore
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 27 (ANI): Private sector lender ICICI Bank said on Saturday its profit in June quarter (Q1) stood at Rs 1,908 crore against a loss of Rs 120 crore in the year-on period due to healthy net interest income and improved asset quality.
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Canara Bank net profit up 17 pc in Q1 FY20
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 24 (ANI): State-owned Canara Bank said on Wednesday its net profit in the April to June quarter rose 17 per cent year-on-year to Rs 329 crore due to improved asset quality and lower provisions.
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Axis Bank comes out of red with Rs 1,505 crore profit in Q4
Updated : 7 years, 1 month ago IST
Mumbai (Maharashtra) [India], Apr 25 (ANI): Private lender Axis Bank on Thursday reported a net profit of Rs 1,505 crore during January to March of 2019 due to improved asset quality compared to a loss of R 2,189 crore in the corresponding period of last year.
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