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Bank profitability improves, outlook healthy on advances growth, lower int
Updated : 2 months, 2 weeks 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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Yes Bank shares surge over 7 pc after Q4 net profit
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], May 7 (ANI): Shares of Yes Bank rose by 7.6 per cent on Thursday afternoon, a day after the private sector lender reported a net profit of Rs 2,629 crore in the January to March quarter against a loss of Rs 1,507 crore a year ago.
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Indian banks benefit from lower slippages but challenges remain: Fitch Rat
Updated : 7 years, 2 months ago IST
Mumbai (Maharashtra) [India], Mar 29 (ANI): The banking sector's non-performing loan (NPL) ratio improved in first nine months of current financial year but slow resolution and weak capital are likely to keep th
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