private banks

Top private banks scale up on branches, deposit mobilisation

HDFC Bank, ICICI Bank and Axis Bank have together added 799 new domestic branches in the first six months of current financial year.

Yes Bank Q4 Net Profit may dip 17.7% YoY to Rs. 970.9 cr: Motilal Oswal

Net Interest Income (NII) is expected to increase by 28.2 percent Y-o-Y (up 3.6 percent Q-o-Q) to Rs. 2,761.4 crore, according to Motilal Oswal.

RBL Bank Q4 Net Profit seen up 34.7% YoY to Rs. 240 cr: Motilal Oswal

Net Interest Income (NII) is expected to increase by 39.5 percent Y-o-Y (up 6.6 percent Q-o-Q) to Rs. 698.4 crore, according to Motilal Oswal.

Kotak Mahindra Bank Q4 Net Profit seen up 23.5% YoY to Rs. 1,388 cr: Motilal Oswal

Net Interest Income (NII) is expected to increase by 21.2 percent Y-o-Y (up 6.4 percent Q-o-Q) to Rs. 3,126.2 crore, according to Motilal Oswal.

Indusind Bank Q4 Net Profit may dip 44.8% YoY to Rs. 526.1 cr: Motilal Oswal

Net Interest Income (NII) is expected to increase by 19.7 percent Y-o-Y (up 5.1 percent Q-o-Q) to Rs. 2,403.7 crore, according to Motilal Oswal.

ICICI Bank Q4 Net Profit seen up 112% YoY to Rs. 2,162.8 cr: Motilal Oswal

Net Interest Income (NII) is expected to increase by 13.6 percent Y-o-Y (down 0.5 percent Q-o-Q) to Rs. 6,839.3 crore, according to Motilal Oswal.

HDFC Bank Q4 Net Profit seen up 20.9% YoY to Rs. 5,803.3 cr: Motilal Oswal

HDFC Bank Q4 Net Profit seen up 20.9% YoY to Rs. 5,803.3 cr: Motilal Oswal

Federal Bank Q4 Net Profit seen up 143.2% YoY to Rs. 352.6 cr: Motilal Oswal

Net Interest Income (NII) is expected to increase by 20.9 percent Y-o-Y (up 4.7 percent Q-o-Q) to Rs. 1,127.8 crore, according to Motilal Oswal.

Equitas Holdings Q4 Net Profit seen up 102.4% YoY to Rs. 70.5 cr: Motilal Oswal

Net Interest Income (NII) is expected to increase by 39 percent Y-o-Y (up 7.9 percent Q-o-Q) to Rs. 345.4 crore, according to Motilal Oswal.

DCB Bank Q4 Net Profit seen up 44.5% YoY to Rs. 92.8 cr: Motilal Oswal

Net Interest Income (NII) is expected to increase by 18.5 percent Y-o-Y (up 6.5 percent Q-o-Q) to Rs. 312.6 crore, according to Motilal Oswal.

Axis Bank Q4 Net Profit may dip 9.7% QoQ to Rs. 1518.5 cr: Motilal Oswal

Net Interest Income (NII) is expected to increase by 18.7 percent Y-o-Y (up 0.2 percent Q-o-Q) to Rs. 5,617.3 crore, according to Motilal Oswal.

AU Small Finance Bank Q4 Net Profit seen up 27.1% YoY to Rs. 105.5 cr: Motilal Oswal

Net Interest Income (NII) is expected to increase by 32.1 percent Y-o-Y (up 8.9 percent Q-o-Q) to Rs. 379 crore, according to Motilal Oswal.

Comment | Private sector bank CEO pay: RBI steps in to do board’s job

 The proposed norms will help improve governance in private sector banks. Reforming boards and holding them more accountable should be the next step.

'Private banks, specialty chemicals among 4 sectors that may perform well in 2019'

Private Banks, construction materials, specialty chemicals, and consumer food sectors are expected to outperform led by healthy demand and earnings growth, says Rajesh Cheruvu of WGC Wealth

Yes Bank's hunt for Rana Kapoor's successor could run into legal, boardroom battles

Analyst Hemindra Hazari believes that the ageing composition of Yes Bank’s board of directors and the absence of whole-time directors apart from Kapoor exposes the bank to leadership risk

Yes Bank re-skills employees, offers students Rs 2 lakh scholarships for professional training

The mid-size private lender is investing in upgrading skills of its employees across the bank in the fields of operations, risk management and marketing

Finally bank credit growth moves into double-digits in Q2

In the September quarter, bank credit had grown at 6.5 percent while in the June quarter, it was up by 8 percent.

Global volatility remains a risk for Indian market; private banks top bets: Holland

"There are certain sectors and stocks which remain out of flavor. Strong sectors at least for the next few weeks is autos, auto ancillaries, private banks and IT," says Andrew Holland, Avendus Capital Alternate Strategies.

Allowing more FDI into banks may be good but need more holistic changes: Baring Pvt

Unless more holistic changes are made in PSU banks, just raising the cap for FDI will not result in a rush of capital into them, said Munish Dayal, Senior Partner, Baring Private Equity Partners India.

Banking sector this week: Results season kicks off with treasury blues; Aadhaar turns more secure

The quarterly earnings season is back and 3 banks posted decent results but the month ahead will see more trouble brewing for the treasury books of most banks denting their profitability

IndusInd aims to grow microloan book to 6% with Bharat Fin merger; deal likely on Saturday

The Bank’s board members will meet on Saturday, October 14, and most likely announce the merger deal with Bharat Financial

Top 3 private banks double their loan write-offs in FY17 at Rs 20,000 cr

ICICI Bank had written off the highest amount of loans at Rs 15,175 crore in FY17, while HDFC Bank and Axis Bank had written off Rs 2,386 crore and Rs 2,222 crore, respectively

Kotak Mahindra Bank board approves QIP at Rs 913.24 per share

The bank plans to issue 6.2 crore shares for Rs 913.24 per share on the issue day as May 11.

Banks need to brace for near-term impact in FY18; raising capital a pain point: Analysts

Edelweiss MF's Harshad Patwardhan expect earnings to pick-up soon; upbeat on cement, NBFC, private banks

Edelweiss Mutual Fund is upbeat on private banks as he believes private banks will keep gaining share from PSUs