Search For "lower provisions"
SBI shares surge nearly 4% to record high of Rs 622 apiece
Updated : 3 years, 8 months ago IST
The lender posted a surge of 74 per cent in its net profit to Rs 13,264 crore for the quarter ended September, against Rs 7,627 crore in the year-ago period, on the back of robust loan sales, higher interest income and lower provisions. In five days, the stocks of the lender have managed to
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YES Bank's Q1 profit surges 50 per cent on lower provisions
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], July 23 (ANI): Private sector lender YES Bank on Saturday reported a net profit of Rs 310.63 crore for the quarter ended June 30, 2022, as compared to Rs 206.84 crore in the same quarter last year, registering a year-on-year growth of 50.17 per cent.
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Bank of India clocks Q1 net profit of Rs 844 cr on lower provisions
Updated : 5 years, 12 months ago IST
Mumbai (Maharashtra) [India], Aug 3 (ANI): Government-owned Bank of India on Monday reported a net profit of Rs 844 crore in the April to June quarter, up 247 per cent from Rs 243 crore in a year-ago period.
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SBI Q3 profit jumps 41 pc to Rs 5,583 cr as asset quality improves
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Jan 31 (ANI): Government-owned State Bank of India (SBI) on Friday reported the highest-ever quarterly net profit of Rs 5,583 crore in the October to December quarter, up 41 per cent year-on-year due to lower provisions.
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Federal Bank Q3 net profit up by 32 pc to Rs 441 crore
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Jan 20 (ANI): Private sector lender Federal Bank said on Monday its third quarter net profit rose by 32 per cent to Rs 441 crore compared to Rs 334 crore in the year-ago period.
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Canara Bank net profit up 17 pc in Q1 FY20
Updated : 7 years 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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PNB Q3 profit up four fold at Rs. 207crore
Updated : 8 years, 11 months ago IST
New Delhi [India], Feb 7 (ANI): State-run lender Punjab National Bank on Tuesday announced an increase of four-fold in its profit to Rs. 207.2 crore in October-December quarter compared with Rs. 51.01 crore in same quarter last year, which was driven by other income and lower provisions.
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