Net Interest Margin

Tamilnad Mercantile Bank to bet on transaction business unit to engage HNIs: CEO Salee S Nair

TMB CEO also says the bank aims to grow its advances by at least 15-18 percent in FY26

In the margin game, public banks are between a rock and a hard place

The compulsion to increase market share and attract more deposits has meant that public sector banks have seen a bigger erosion in net interest margins. The increase in risk weights on select loans has also hurt these banks

Indian banks likely to face margin pressure in FY24, says Fitch Ratings

The Indian banking sector's average NIM to slightly contract by about 10 basis points (bp) in fiscal year (FY) 2023-24 to 3.45 percent, the agency said.

Rate war to mop up deposits may hurt banks’ margins, say experts

Net Interest Margin — the amount of money that a bank earns in interest on loans compared to the amount it pays in interest on deposits — is an indicator of profitability and growth. If deposit rates outpace lending rates, then bank NIMs will shrink

Nifty bank indices surge on hopes of strong September quarter

Both Nifty PSU Bank and Private Bank index have surged nearly 24% each in the September quarter while Nifty Bank index gained 16%. Both benchmarks Sensex and Nifty rose over 8% in the quarter.

Bank of Maharashtra eyes 25-30% jump in net profit in FY23

Mumbai, May 22 State-run Bank of Maharashtra is eyeing a 25-30 per cent growth in its net profit in the current financial year, aided by a healthy ..

Ideas For Profit | ICICI Bank

Q1 FY22 earnings reaffirm that ICICI Bank has transitioned well from a stressed bank to a growing lender. However, the valuation is not yet fully capturing the significant improvement in business fundamentals and growth story. Q1FY22 Highlights: · Net profit surged to Rs 4,616 crore, a growth of 78% YoY · NIMs improved on domestic book to 3.9% · Wrote back Rs 1,050 crore of COVID-19 related provisions created in earlier periods · High provision coverage ratio of 78% as of end June is comforting · Stock is trading at around 1.9 times FY23 estimated core book

See NIMs at 3%; cash crunch effect to subside from Feb: PNB Hsg

PNB Housing Finance had a net interest margin (NIM) of around three percent and it will remain at the same level going forward, said MD Sanjaya Gupta in an interview to CNBC-TV18.

See slippages below Rs 4.8K cr in Q4; no more loan rate cut: PNB

Hinting at the fact that another lending rate cut may not come very soon, Ananthasubramanian said that all banks have brought huge cuts to the MCLR (marginal costs of funds based lending rates) after demonetisation already and these cover all the benefits the RBI passed onto the banks.

DCB Bank Q3 net up 25 pc to Rs 51 crore

Small-time private sector lender DCB Bank today reported a 25 per cent surge in December quarter net at Rs 51 crore, driven primarily by a surge in the core interest income.

Expect PAT growth of 10-12% for this fiscal: City Union Bank

In an interview with CNBC-TV18, N Kamakodi, MD and CEO of CUB, said that the bank expects to close the year with 15-18 percent credit growth rate and sees net profit growth of around 10-12 percent for this fiscal.

Tulsian's take on IndusInd results, Quess Corp IPO & Nifty

In an interview to CNBC-TV18 in its Closing Bell segment, SP Tulsian of sptulsian.com shares his view on IndusInd Bank's quarterly result, why he expects no more than 10-12 percent growth in earnings in FY17 and what makes the stock look expensive.

South Indian Bank sees loan growth at 17% this fiscal year

Speaking to CNBC-TV18 VG Mathew of MD & CEO Of South Indian Bank said that slippages in June quarter were from the retail side.

Kotak Mahindra Bank expects 20% credit growth in FY17

Kotak Mahindra bank expects about 20 percent growth in credit during the current fiscal, a senior executive said on June 6

Legacy A/cs minimal now; to maintain NIM at 11-12%: Muthoot

Legacy stressed book has been mostly cleared off and whatever is left is manageable, says George Alexander Muthoot, MD of Muthoot Finance.

Punjab & Sind Bank logs Rs 98 cr profit in Q4

State-run Punjab & Sind Bank today reported a profit of Rs 98.12 crore for the March quarter despite increase in bad loans.

Andhra Bank profit nosedives 72% in Q4 on NPA provisioning

According to a statement issued by the bank, total income in January-March grew 9 per cent to Rs 5,124 crore as against Rs 4,699 crore in the same quarter in 2014-15.

Expect to return to FY14 profit levels next year: Bank of Baroda

The new MD of Bank of Baroda PS Jayakumar has informed the government that his bank won't be needing capital and neither does he see any capital dilution for the next 18-24 months

J&K Bank Q3 profit climbs 12% to Rs 118 cr

Total income decreased to Rs 1,806 crore in the reporting quarter, from Rs 1,849.4 crore in the same period last fiscal, the bank said in a statement

FY16 credit growth likely at 12-15%: City Union Bank exec

The net interest margin has been maintained at an average range of 3.4-3.6 percent for nearly the past decade, and the bank will focus on maintaining it, says N Kamakodi, CMD & CEO at City Union Bank.

New RBI norm for rate calculation credit positive: Moody's

It said this would allow banks to more efficiently price loans at different tenors based on different Marginal Cost of Funds based Lending Rate (MCLR), according to their funding composition and strategies.

Andhra Bank Q2 net jumps 74% to Rs 251 crore

The bank's net profit during the same quarter last fiscal was Rs 144 crore. "Bank's total income increased by Rs 7.2 percent to Rs 4,744 crore during the quarter under discussion against Rs 4,424 crore in the second quarter of financial year 2015," Andhra Bank MD and Chief Executive Suresh N Patel told reporters here.