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The net interest margin (NIM) – a key measure of profitability – stood at 3.96%, down four basis points (bps) from 4% in the previous quarter.

ICICI Bank Q3 profit rises 25%

12 hours agoJanuary 22, 2022

On a sequential basis, the NII was higher 17%. Net interest margin (NIM), on the hand, stood at 2.4% in Q3, lower than 3.4% last year.

Q3 Result: YES Bank PAT rises 77% to Rs 266 cr on back of lower provisions

13 hours agoJanuary 22, 2022

On a standalone basis, the bank recorded a 25 per cent rise in the post-tax profit at Rs 6,194 crore for the quarter. (File)

ICICI Bank Q3 consolidated profit jumps nearly 19% on NII growth, lower provisions

23 hours agoJanuary 22, 2022

Provision coverage ratio decreased to 79.3 per cent at the end of December 31, 2021. (File/Reuters)

Yes Bank Q3 profit zooms 80 pc as provisions decline

24 hours agoJanuary 22, 2022

CSB Bank net surges 180% on improved asset quality

1 day agoJanuary 22, 2022

On a sequential basis, the lender’s bottomline grew 2%.

IDBI Bank PAT jumps 53% YoY on higher NII growth

2 days agoJanuary 21, 2022

For the EEB segment (erstwhile microbanking segment), collection efficiency for December 2021 stood at 92% (including NPAs) against 86% in September 2021. And, it was 97% (excluding NPAs) for December versus 93% in September.

Bandhan Bank net rises 36% riding on growth of non-interest income

2 days agoJanuary 21, 2022

Aditya Birla Sun Life AMC, Aditya Birla Sun Life AMC

Interview| A Balasubramanian, MD & CEO, Aditya Birla Sun Life AMC – ‘FPIs to find India relatively more attractive versus other EMs in 2022’

2 days agoJanuary 21, 2022

According to three bankers in the know, the industry has offered to structure a principal-agent relationship between the National Asset Reconstruction Company (NARCL) and the India Debt Resolution Company (IDRCL) and the central bank’s nod is expected any day now.

Bankers await RBI nod on revised bad bank structure

2 days agoJanuary 21, 2022

Banks have also sought special rebates or additional depreciation for expenditure made on financial inclusion activities and promoting digital banking, among other activities.

Banks seek ECLGS extension, payments companies want zero-MDR gone

1 day agoJanuary 22, 2022