May 14, 2015 at 15:16 | Source: CNBC-TV18
Overall numbers of OBC look decent, says Vaibhav Agrawal of Angel Broking. The higher provisioning has enabled the bank to bring down its net NPA, he says.
May 13, 2015 at 10:38 | Source: PTI
Domestic net interest margin came down to 2.46 percent from 2.62 percent , while global NIM also inched down to 2.37 percent from 2.55 percent. Tiwari said the bank is looking at a NIM of 2.6-2.7 percent this fiscal. Although the asset quality deteriorated in the quarter, and year-on-year, sequentially there was some improvement.
May 12, 2015 at 15:09 | Source: PTI
State-owned Central Bank of India has registered a rise of 7.3 percent in its net profit to Rs 174.29 crore for the quarter ended March 31. The bank had posted a net profit of Rs 162.44 crore in the corresponding period last year.
May 12, 2015 at 14:41 | Source: PTI
Gross non-performing assets (NPA) of the bank rose to 4.96 percent at the end of March from 4.08 per cent in a year ago period. Total income increased to Rs 9,383.71 crore during the fourth quarter, from Rs 8,444.95 crore last year.
May 11, 2015 at 15:17 | Source: CNBC-TV18
Bank of Baroda surges 17 percent as fresh slippages decline to Rs 1,359 crore sequentially. Even the asset quality has improved. In an interview CNBC-TV18, CMD Ranjan Dhawan discusses the banks fourth quarter profits and its future outlook.
May 11, 2015 at 11:47 | Source: CNBC-TV18
Jignesh Shial, research analyst at IDBI Capital Markets said the numbers seem okay. He said the banks profit took a hit on higher provisioning. At an operational level, the performance seems stable, he told CNBC-TV18.
May 08, 2015 at 14:39 | Source: Moneycontrol.com
Asset quality deteriorated during January-March quarter with the gross non-performing assets (NPA) climbing 6.55 percent compared to 5.97 percent in December quarter and 5.25 percent in corresponding quarter of last fiscal.
Apr 27, 2015 at 14:31 | Source: Moneycontrol.com
ICICI Bank matched street expectations on Monday with the profit rising 10.2 percent year-on-year to Rs 2,922 crore in the quarter ended March 2015. The profit was boosted by strong net interest income and other income.
Apr 14, 2015 at 15:04 | Source: CNBC-TV18
DCB Bank has reported its fourth quarter (January-March) numbers. Net profit climbed 61.5 percent to Rs 63 crore during the quarter from Rs 39 crore in the previous corresponding quarter.
Feb 14, 2015 at 12:41 | Source: Moneycontrol.com
Provision for bad loans increased 44.13 percent (Y-o-Y) to Rs 560.4 crore compared to Rs 388.8 crore in the year ago period. Provision was at Rs 455.9 crore in second quarter of FY15.