Banking & Finance Yes Bank Q1 Results: Profit jumps 59%, Net Interest Income at Rs 2,371 crore Banking & Finance
Two Russian banks open special vostro account for overseas trade in rupee Gazprombank, or GPB, is a privately-owned Russian lender and the third largest bank in the country by assets. By PTIOctober 23, 2022 12:35 IST
Yes Bank profit falls 32% on higher provisioning The bank’s corporate book fell 18% y-o-y to Rs 65,442 crore while mid-corporate portfolio improved 34% y-o-y to Rs 23,121… By FE BureauOctober 23, 2022 04:30 IST
Kotak Mahindra Bank profit rises 27% in Q2 While the bank can raise term deposits in the short run, it can pass on the increase in costs, which… By FE BureauOctober 23, 2022 04:00 IST
IDFC First Bank Q2 net jumps 266% to Rs 556 cr About one infrastructure loan account, Mumbai Toll Road, which become NPA in the first quarter of this fiscal, it said… By FE BureauOctober 23, 2022 02:30 IST
RBL Bank profit rises to Rs 202 cr in Jul-Sept quarter “We will continue to focus on our key niche areas of cards and microfinance, while accelerating the diversification across more… By FE BureauOctober 23, 2022 01:30 IST
IDFC First Bank Q2 net jumps 266 pc to Rs 556 cr The bank said its provisioning for the quarter came down by 11 per cent from a year ago to Rs… By PTIOctober 22, 2022 18:48 IST
ICICI Bank Q2 consolidated net profit jumps 31 pc to Rs 8,006.99 cr The bank scrip had closed 2.13 per cent up at Rs 907.15 apiece on the BSE on Friday, as against… By PTIOctober 22, 2022 16:33 IST
Kotak Mahindra Bank Q2 profit rises 27 pc to Rs 2,581 cr On a consolidated basis, the bank reported a 21 per cent rise in its net profit at Rs 3,608 crore… By PTIOctober 22, 2022 15:43 IST
Yes Bank Q2 profit slips 32% on higher provisions; lender sees challenge in garnering deposits going ahead The bank had posted a net profit of Rs 225.50 crore for the year-ago same period. In preceding June quarter… By PTIUpdated: October 22, 2022 17:00 IST
Interview | Back book in H1 generates 35% more profit: Vibha Padalkar, HDFC Life Insurance MD & CEO Vibha Padalkar tells FE that the insurance company has already started working on rationalization of branches as the merged entity… By Mithun DasguptaOctober 22, 2022 05:45 IST
Receiving good response to rupee-based trading: RBI The use of rupee for transactions between non-residents would be a decisive vote of confidence in its internationalisation. By FE BureauOctober 22, 2022 04:40 IST
Interview | We are aiming for 12-13% credit growth in FY23’: Murali Ramakrishnan, MD & CEO, South Indian Bank Murali tells that FY23 is the first year when the lender is seeing a bit of normalcy and the demand… By Shashank DidmisheOctober 22, 2022 04:00 IST
Govt asks PSBs to review performance of digital banking units While there is no immediate plan to raise the number of the DBUs from the current 75, if these units… By FE BureauOctober 22, 2022 03:45 IST
Relief for PNB in Jet Airways insolvency case The resolution professional had reduced the claim by Rs 202.09 crore, following which PNB filed an application objecting to the… By FE BureauOctober 22, 2022 03:00 IST
IDBI Bank profit jumps 46% in Q2 The pre-provisioning operating profit (PPOP) rose 64% to Rs 2,208 crore in Q2FY23, led by a 11% increase in non-interest… By FE BureauOctober 22, 2022 01:15 IST
Consolidation of PSBs has not impacted their outreach, says RBI Deputy Guv Rao The genesis of financial sector reforms in India could be attributed to the recommendations of the Committee on the Financial… By PTIOctober 21, 2022 22:31 IST
Karur Vysya Bank Q2 net jumps 52 pc to Rs 250 cr Net interest income — interest earned minus expended — grew by 21 per cent to Rs 831 crore during the… By PTIOctober 21, 2022 17:03 IST
Axis Bank profit jumps 70% The bank’s pre-provisioning operating profit (PPOP) grew by 30% YoY to Rs 7,716 crore, despite a muted 4% growth in… By FE BureauUpdated: October 21, 2022 08:34 IST
