New Delhi [India], Nov 5 (ANI): State-owned Punjab National Bank (PNB) on Tuesday reported a net profit of Rs 507 crore in the July to September quarter as against a loss of Rs 4,532 crore reported in Q2 FY19.
Mumbai (Maharashtra) [India], Nov 2 (ANI): Government-owned Bank of India has reported a net profit of Rs 266 crore in the July to September quarter of current fiscal compared to a net loss of Rs 1,156 crore in the corresponding period of last year.
Mumbai (Maharashtra) [India], Oct 26 (ANI): India's largest private sector lender ICICI Bank said on Saturday its profit after tax dropped by 28 per cent to Rs 655 crore in the second quarter of current fiscal (Q2 FY20) due to deferred tax assets adjustment.
Mumbai (Maharashtra) [India], Oct 25 (ANI): Government-owned State Bank of India (SBI) on Friday reported a standalone net profit of Rs 3,012 crore for the July to September quarter (Q2 FY20), up 219 per cent from Rs 945 crore in the same quarter of previous fiscal.
Mumbai (Maharashtra) [India], Oct 22 (ANI): Kotak Mahindra Bank said on Tuesday its profit after tax totalled Rs 1,724 crore during the second quarter of the current financial year, up 51 per cent from Rs 1,142 crore in Q2 FY19.
Mumbai (Maharashtra) [India], Oct 22 (ANI): Bajaj Finance said on Tuesday that its consolidated profit after tax jumped 63 per cent to Rs 1,506 crore during the July to September quarter from Rs 923 crore in the same period of previous year.
New Delhi [India], Oct 16 (ANI): Private sector lender Federal Bank on Wednesday reported a healthy 56.7 per cent year-on-year growth in the second quarter profit due to other income and lower tax cost.
Mumbai (Maharashtra) [India], Oct 10 (ANI): Higher provisions and slow net interest income growth pulled down IndusInd Bank's profit by 3.4 per cent sequentially during the July to September quarter, the private sector lender said on Thursday.
Mumbai (Maharashtra) [India], Aug 2 (ANI): State-owned Union Bank on Friday reported 73 per cent increase in its net profit at Rs 225 crore during the April to June quarter from Rs 130 crore in the corresponding quarter of previous fiscal year.
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.
New York [USA], Aug 1 (ANI): The cut in US Fed funds rate is credit negative for American banks, applying renewed pressure on net interest margins (NIMs) and profitability that could stimulate further consolidation of the sector, Moody's Analytics said on Thursday.
Mumbai (Maharashtra) [India], July 30 (ANI): Private lender Axis Bank on Tuesday reported a net profit of Rs 1,370 crore, up 95.4 per cent from Rs 701.1 crore in the same quarter of last year.