Mumbai (Maharashtra) [India], Aug 14 (ANI): Diversified financial services firm Edelweiss said on Wednesday its consolidated profit after tax fell to Rs 132 crore during April to June from Rs 264 crore in Q1 FY19 due to the economic slowdown and liquidity crunch facing several sectors.
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.
Mumbai (Maharashtra) [India], July 27 (ANI): Private sector lender ICICI Bank said on Saturday its profit in June quarter (Q1) stood at Rs 1,908 crore against a loss of Rs 120 crore in the year-on period due to healthy net interest income and improved asset quality.
Mumbai (Maharashtra) [India], July 26 (ANI): Punjab National Bank (PNB) on Friday reported a net profit of Rs 1,018.6 crore for the quarter ended June 2019 (Q1 FY20) despite a marginal rise in non-performing assets (NPAs) against a net loss of Rs 940 crore in a year-ago period.
New Delhi [India], July 25 (ANI): The gross non-performing assets (NPAs) of public sector banks (PSBs) have declined by Rs 89,189 crore from a peak of more than Rs 8.95 lakh crore in March 2018 to over Rs 8.06 lakh crore in March this year, the government told the Rajya Sabha.
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.
Chennai (Tamil Nadu) [India], July 23 (ANI): The government-owned Indian Overseas Bank (IOB) on Tuesday reported a net loss of Rs 342 crore during the April to June quarter of current fiscal versus a loss of Rs 919 crore in Q1 of FY19.
Kolkata (West Bengal) [India], July 22 (ANI): Bandhan Bank has reported a net profit of Rs 701 crore during April to June, up 45 per cent from Rs 482 crore in the corresponding quarter of the previous year.
Mumbai (Maharashtra) [India], July 22 (ANI): Oriental Bank of Commerce (OBC) on Monday reported a net profit of Rs 112.7 crore during the first quarter (April to June) of 2019-20 due to better asset quality and fewer provisions.
Mumbai (Maharashtra) [India], July 17 (ANI): Yes Bank said on Wednesday its first-quarter net profit dropped 90.97 per cent to Rs 113.76 crore during three months ending June 30 due to lower other income and higher provisioning.
Mumbai (Maharashtra) [India], July 17 (ANI): Kerala-based Dhanlaxmi Bank on Wednesday reported a net profit of Rs 19.84 crore in the April to June quarter as against a loss of Rs 44.99 crore in Q1 of FY19.