Search For "net interest"
Credit growth drops in June, credit offtake expanded by Rs. 20.4 lakh cror
Updated : 1 year, 10 months ago IST
The credit growth in June 2024 dropped sharply to 17.4 per cent lower than 20.8 per cent in the previous month, however over the last twelve months, credit offtake expanded by Rs. 20.4 lakh crore while deposits expanded by Rs 23.9 lakh crore, a report by Anandrathi observed.
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J-K bank's profit rises 27% to Rs 415 cr in Apr-Jun quarter on high income
Updated : 1 year, 10 months ago IST
Announcing a significant increase in quarterly profits, J&K Bank today posted Rs 415.49 crore as profit-after-tax (PAT) for the April-June quarter of the current financial year, which is up by 27 percent YoY from Rs 326.45 Cr recorded for the first quarter of the previous financial ye
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Indian banks expected to maintain profitability amid margin pressure: Fitc
Updated : 2 years, 2 months ago IST
According to Fitch, while net interest margins (NIMs) are anticipated to narrow by 10 to 20 basis points over the next two years from the current cyclical peak of 3.6 per cent in the nine months of the financial year ending March 2024 (9MFY24), the sector's earnings resilience will persist.
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Indian banks' profitability to remain resilient despite margin pressure: F
Updated : 2 years, 2 months ago IST
Profitability of Indian banks is likely to continue to improve, although net interest margin (NIM) compression will limit earnings upside over the medium term, according to Fitch Ratings.
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IDFC FIRST Bank Profit After Tax up 18% YOY at Rs. 716 Crore for Quarter E
Updated : 2 years, 4 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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Asia Pacific sectors navigate economic crosswinds amid strong growth in 20
Updated : 2 years, 5 months ago IST
According to Fitch Ratings, while strong real GDP expansion is anticipated in India, Indonesia, the Philippines, and Vietnam, challenges from slower Chinese growth, subdued global demand, and increased interest burdens following a rise in interest rates may temper sector performance.
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APAC emerging market banks poised for growth in 2024: Fitch ratings
Updated : 2 years, 5 months ago IST
The favourable economic backdrop, marked by robust growth, is expected to drive improved financial performance, with particular strengths seen in several key markets.
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India poised for banking sector growth amidst regional improvements: Fitch
Updated : 2 years, 5 months ago IST
The APAC Emerging Market Banks Outlook 2024 positions India favourably, anticipating sustained growth and enhanced performance.
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SBI triumphs with Q2FY24 results: Net profit soars to Rs 14,330 crore, exc
Updated : 2 years, 7 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, 10 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 : 3 years 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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Aditya Birla Capital profit jumps 35 pc to Rs 609 cr in March quarter
Updated : 3 years ago IST
According to a statement from the company, total revenue from operation rose by 21.2 per cent to Rs 8,025 crore for the March quarter, against Rs 6,617 crore in the year-ago period.
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