Search For "interest income"
Bank profitability improves, outlook healthy on advances growth, lower int
Updated : 1 week, 3 days ago IST
The profitability of banks improved in the third quarter, supported by higher Net Interest Income (NII), lower slippages, better recoveries, and improved fee income, reflecting continued stability in the banking sector, according to a report by Systematix Group.
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Senior citizens likely to get relief under targeted tax measures in Budget
Updated : 2 months, 1 week ago IST
Senior citizens could be among the biggest beneficiaries of India's Union Budget 2026, with the government expected to consider higher deductions on interest income and healthcare-related relief, Tarun Garg, Executive Director at Deloitte India, told ANI.
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Government to sell up to 6% stake in Bank of Maharashtra via OFS: DIPAM
Updated : 3 months, 3 weeks ago IST
The bid will be open tomorrow for Non-Retail investors, while the Retail investors can bid on Wednesday. "Government offers to disinvest 5% equity in the bank with an additional 1% as a green shoe option," DIPAM said.
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Banking sector to see earnings recovery from Q2FY26, strong 17.7% CAGR pro
Updated : 5 months, 3 weeks ago IST
The Indian banking sector is set to witness earnings recovery in the second half of FY26, after a muted September quarter performance marked by margin pressure, moderate credit growth and a decline in profitability across private and public lenders, according to a research report by Motilal
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Samsung's USD 716 mn ESG fund disburses just 2% in first year
Updated : 5 months, 3 weeks ago IST
A year after Samsung Electronics Co. and Samsung Display Co. launched a one trillion won (USD 716 million) environmental, social and governance (ESG) fund to support small and mid-sized enterprises (SMEs), only 18.8 billion won (USD 13.5 million) has been disbursed, as per a report by Pulse,
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Korean banks' net profit rises 18.4% in H1
Updated : 7 months, 1 week ago IST
Korean banks' combined net profit jumped more than 18 per cent from a year earlier in the first half of the year on a sharp rise in non-interest income that more than offset a slight drop in interest income, data showed Thursday.
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Dar Credit & Capital Limited Reports 91% Surge in Net Profit to Rs7.04
Updated : 9 months, 3 weeks ago IST
Kolkata (West Bengal) [India], June 2: Dar Credit & Capital Limited has announced its audited financial results for the year ended March 31, 2025, reporting a robust 91% year-on-year (YoY) increase in net profit to Rs7.04 crore. This strong performance was driven by a 30.84% surge in net
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RBI's strong dividend to govt boosted by USD sales, interest income: SBI r
Updated : 10 months ago IST
The Reserve Bank of India's record dividend payout of nearly Rs 2.7 trillion to the government has been made possible due to robust gross dollar sales, higher foreign exchange gains, and steady increases in interest income, according to a report by the State Bank of India (SBI).
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Banking sector to witness subdued PAT growth of 6% in FY25, 4% in FY26: Re
Updated : 1 year, 1 month ago IST
India's banking sector saw a mixed performance in the third quarter, with net interest income (NII) growing 6 per cent year-on-year (YoY), core pre-provision operating profit (PPOP) rising 13 per cent, and adjusted profit after tax (PAT) increasing by 7 per cent. While earnings expectations
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SBI reports 84% jump in net profit for Q3FY25, strong credit growth and im
Updated : 1 year, 1 month 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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Kotak Mahindra Bank's Q2FY25 profit surges 13 pc to Rs5,044 cr
Updated : 1 year, 5 months ago IST
The quarter saw the bank's Net Interest Income (NII) rise by 11 per cent YoY to Rs7,020 crore, while the Net Interest Margin (NIM) was maintained at 4.91 per cent.
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In the long run, rate cut by Fed will be favourable for most US banks: Moo
Updated : 1 year, 6 months ago IST
"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs to reprice downward more slowly than their loan yields, constraining net interest income, which is most banks' largest revenue source." Said the report
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