Jul 13, 2015 02:22 PM IST
Net interest income (NII), difference between interest earned and interest paid, also grew 22.5 percent at Rs 980.7 crore against Rs 800.7 crore in corresponding quarter last fiscal.
- May 28, 2015 09:55 AM IST
According to analysts polled by CNBC-TV18, Bank of India's NII growth and profit decline is expected to be similar to last quarter. Asset quality may also remain elevated as slippages in Q3 was over Rs 3000 crore.
- Apr 29, 2015 03:36 PM IST
Vaibhav Agrawal of Angel Broking gave his views on HDFC's Q4 numbers.
- Jan 24, 2015 03:12 PM IST
The bank had to make Rs 27.1 crore of provisions in the December quarter, compared to Rs 29.1 crore during the same period of the previous year.
- Oct 30, 2014 12:27 PM IST
Discussing the results, Manish Ostwal, Head of Research & Senior Analyst - Financials, KR Choksey Institutional Securities, said the bank has posted a strong set of numbers.
- Oct 29, 2014 03:17 PM IST
Darpin Shah of HDFC Securities said that while the increase in gross NPA and fall in adjusted profits for Oriental Bank of Commerce was disappointing, the stock was still compelling from a valuation perspective, and that we would maintain a â€˜buy‘ as of now, subject to further details emanating from the numbers.
- Oct 29, 2014 03:08 PM IST
In an interview to CNBC-TV18, Suresh N Patel, ED, Oriental Bank of Commerce, discusses the bank‘s results and its plans ahead.
- Jan 16, 2014 04:51 PM IST
On the NII front Axis Bank has been doing better than some of its peers with the margin trend being quite good in the last three-four quarters said Vaibhav Agrawal.
- Jan 15, 2014 09:58 AM IST
According to poll, net interest income may grow 16 percent year-on-year to Rs 679 crore and profit after tax may jump 10 percent to Rs 376 crore in the quarter ended December 2013.
- Oct 17, 2013 03:46 PM IST
Angel Broking is very positive on Axis Bank after it posted a better-than-expected results for the quarter ended in September.
- Aug 12, 2013 12:14 PM IST
NPL asset is at around 1.56 percent. This was around 1.10 percent as of March. The company expects to maintain net interest income (NII) at around Rs 287 crore because it plans to consolidate this year
- Aug 12, 2013 08:28 AM IST
India's banking behemoth - the State Bank of India (SBI) is expected to report a fall of 5 percent year-on-year in its first quarter (April-June) net profit to Rs 3,565 crore. Net interest income (NII) or the difference between interest earned and paid out, is likely to grow at a muted pace of just 2 percent to Rs 11,288 crore.
- Aug 01, 2013 02:57 PM IST
Shares of Bank of Baroda came under pressure on Thursday, after the PSU reported a sharp rise in bad loans in the first quarter ending June. Speaking to CNBC-TV18 CMD SS Mundra says Q1 saw fresh slippages at Rs 1,846 crore and a restructuring pipeline of around Rs 2,000 crore.
- Jul 19, 2013 11:00 PM IST
South based private sector lender - Federal Bank's first quarter (April-June, FY14) net profit plunged more than 44 percent year-on-year to Rs 106 crore on the back of a huge surge in provisions and contingences that jumped three-times to Rs 245 crore as against Rs 63 crore a year ago.
- Jul 19, 2013 04:28 PM IST
HDFC's quarterly results have continued the same trend like the previous quarters as their loan growth has been healthy, says Vaibhav Agrawal of Angel Broking.
- Jul 09, 2013 09:58 PM IST
With beginning of the so-called slack season (April-September), banks are not expected to spring any fresh surprise in the April-June quarter earnings. If not as dry as dust, the first quarter of FY14 will be watched for certain crucial factors like credit growth, net interest income, provisions and of course, asset quality.
- Jul 03, 2013 10:59 PM IST
Aided by lower operating expenses and higher other income, Citi India â€“ the domestic arm of global giant - Citi Bank, reported more than 41 percent year-on-year spike in its net profit to around Rs 2,720 crore for year ended March 31, 2013.
- May 20, 2013 04:16 PM IST
City Union Bank core has seen good growth in core income this quarter. The gross NPA has come down from 1.23 percent to 1.13 percent, while the gross number has come down from Rs 178.74 crore to Rs 173.10 crore.
- May 16, 2013 02:12 PM IST
HDFC is in an advantageous position, believes Morgan Stanley. NII is expected to grow by 20% next three years. Banks are not cutting lending rates after the RBI policy. HDFC stands to gain from it.
- May 08, 2013 01:57 PM IST
Shriram Transport Finance â€“ a financier for small truck operators, has of late seen some signs of stress on its credit quality during the January â€“ March quarter. This has lead to some contraction in its net interest margin.
- May 07, 2013 06:52 PM IST
India's largest mortgage lender - Housing Development Finance Corporation (HDFC) is likely to report 15 percent year-on-year growth in its fourth quarter (Jan - March) net profit at Rs 1,531 crore. Net interest income (NII) would grow 24 percent Y-o-Y to Rs 2,080 crore, according to a poll estimate.
- May 02, 2013 05:00 PM IST
Higher provisions dented Canara Bank's fourth quarter (Jan-March) net profit, which fell more than 12 percent at Rs 725 crore. The growth in its net interest income (NII) or difference between interest earned and paid out, was muted at just 2.5 percent at Rs 2,091 crore Y-o-Y.
- Apr 12, 2013 05:08 PM IST
Private sector lender - Development Credit Bank's fourth quarter net profit doubled from about Rs 17 crore to Rs 34 crore year-on-year driven by higher interest income. Net interest income or the difference between interests earned and paid out, shot up by 44% to Rs 82 crore.
- Feb 04, 2013 05:03 PM IST
CRISIL Research has come out with its report on Magma Fincorp. According to the research firm, company's growth over the next two years will be aided by scaling up its new segments - housing and gold financing.
- Jan 30, 2013 07:28 PM IST
Answering a query on slippages, M Narendra, chairman, IOB told CNBC-Tv18 that going forward our slippage will be moderated. â€œOverall, we will ensure that the slippage will be brought down to the minimum in this immediate quarter and next quarter,â€ he asserted.