Search For "net 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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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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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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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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IDFC FIRST Bank Profit After Tax up 18% YOY at Rs. 716 Crore for Quarter E
Updated : 2 years, 2 months ago IST
Mumbai (Maharashtra) [India], January 22: Financial results at a glance - The Board of Directors of IDFC FIRST Bank, in its meeting held today, approved the unaudited financial results for the quarter and nine months ended December 31, 2023.
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SBI triumphs with Q2FY24 results: Net profit soars to Rs 14,330 crore, exc
Updated : 2 years, 4 months ago IST
In addition to the robust profit figures, the bank's net interest income (NII) for the quarter ended September 2023 witnessed substantial growth, surging by 12.3 per cent YoY to reach Rs 39,500 crore.
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IDFC FIRST Bank Q1 FY24 Profit After Tax up 61 per cent YoY at Rs. 765 Cro
Updated : 2 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 31: Financial results at a glance - The Board of Directors of IDFC FIRST Bank, in its meeting held today, approved the unaudited financial results for the quarter ended June 30, 2023.
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Karur Vysya Bank net profit jumps 58.3 pc to Rs 338 crore
Updated : 2 years, 10 months ago IST
The firm said its net interest income (NII) went up 25.7 per cent to Rs 892.6 during the March quarter, against Rs 710 crore in the corresponding quarter the previous year.
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