NII grew 17.6% YoY (ahead of expectations) on back of 5bps QoQ margin improvement to 3.40% in Q1FY15. Other income was also strong (14.7% YoY) aiding in healthy revenue growth. However, positive surprise came on lower new impairment (Rs.26 bn as ... APN News, 2 months ago
'Banks expect TDS limits on interests to be increased' - Sify, 2 months ago
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8:09pm IST MUMBAI (Reuters) - The Supreme Court verdict scrapping most coal extraction permits given to companies over two decades has raised concerns that loans to the holders of the permits could turn sour, piling pressure on lenders already ...Reuters India, 1 week ago India court verdict scrapping coal blocks to weigh on lenders Sharenet, 1 week ago Supreme Court verdict scrapping coal blocks to weigh on lenders Indian Mirror, 6 days ago
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MUMBAI: Public sector majors State Bank of India (SBI) and Punjab National Bank (PNB) have announced plans for a stock split this week. In recent months, other major banks like ICICI Bank, Corporation Bank, Canara Bank and Axis Bank have also said ...Economic Times, 6 days ago
State Bank (Q,N,C,F)* of India (SBI), the largest public sector lender, today reported a rise of 3.33% in standalone net profit to Rs 33.49 billion for the quarter ended Jun. 30, 2014 as compared to Rs 32.41 billion in the same period last year.MyIris, 3 weeks ago SBI: Profit rises on lower costs, higher margins Business Standard India, 1 month ago
MUMBAI: Private sector banks led by ICICI Bank, HDFC Bank and Axis Bank have reported better operations, but seem to have slipped on their strength: fee income, which has slowed as corporate activity and treasury income remained muted. Axis' and ...Economic Times, 1 month ago Treasury gains lift ICICI bank's Q1 net 17% Economic Times, 2 months ago ICICI Bank profit up 17% to Rs 2,655 crore Financial Chronicle, 2 months ago ICICI Bank net profit up 17% at Rs 2,655 cr Smart Investor, 2 months ago
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