Oct 21, 2014 at 14:52 | Source: Moneycontrol.com
Gross NPA was at Rs 20,752 crore in September quarter, up 6 percent compared to previous quarter and 25.6 percent compared to same quarter last year. Net NPA grew 11 percent sequentially and 21 percent on yearly basis to Rs 11,618 crore in the quarter ended September 2014.
Oct 21, 2014 at 14:45 | Source: CNBC-TV18
Punjab National Bank missed street expectations on all parameters in the second quarter ending September 2014 owing to higher employee provisions this quarter and worsening asset quality.
Oct 21, 2014 at 14:31 | Source: CNBC-TV18
Punjab National Bank missed street expectations on all parameters with the second quarter net profit rising 13.8 percent as against expected growth of 142 percent as provisions remained at elevated levels
Oct 21, 2014 at 13:17 | Source: Moneycontrol.com
Both PNB and HDFC Bank are in focus after it announced July-September quarter earnings. PNB is down around 1 percent as its asset quality worsened in the quarter. HDFC reported net interest margin at 4.5 percent with net profit at Rs 2380 crore. The stock is up 1 percent.
Oct 21, 2014 at 12:49 | Source: Moneycontrol.com
Profit increased to Rs 575.3 crore during the quarter as against Rs 505.5 crore in same quarter last year due to higher other income.
Oct 21, 2014 at 11:01 | Source: Moneycontrol.com
The Bank Nifty is at a lifetime high today outperforming the Nifty month-to-date in October with a gain of 6.7 percent in the month versus a 0.44 percent gain for the Nifty. HDFC Bank and PNB also trade higher ahead of Q2 earnings today.
Oct 21, 2014 at 08:55 | Source: Moneycontrol.com
Net interest income is expected to increase by 1.9 percent Q-o-Q (up 11.1 percent Y-o-Y) to Rs 4461.6 crore, according to ICICIdirect.com.
Oct 21, 2014 at 08:48 | Source: Moneycontrol.com
Net interest income is expected to increase by 1.2 percent Q-o-Q (up 10.4 percent Y-o-Y) to Rs 4432.7 crore, according to Motilal Oswal.
Oct 21, 2014 at 08:35 | Source: CNBC-TV18
HDFC Bank | PNB | Cairn India | Idea Cellular | Coal India | Just Dial | HCL Infosystems | Shriram Transport | SKS Microfinance | Sasken Communication | ITDC | Heritage Foods | Zee Media | Motilal Oswal Financial Services | Vascon Engg | BGR Energy | Goa Carbon | UltraTech Cements and Lakshmi Vilas Bank are stocks, which are in the news today.
Oct 20, 2014 at 18:28 | Source: CNBC-TV18
Net interest income, the difference between interest earned and interest expended, may rise by 10 percent to Rs 4,421 crore in the quarter ended September 2014 compared to Rs 4,015.5 crore in corresponding quarter of last fiscal.