Bank of India Q1: Slow loan growth, high expenses pull BoI profit down
Mumbai: (BoI)'s net profit fell year on year due to a subdued loan book growth which impacted profitability along with elevated provisions.
Net profit fell 15…
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ICICI bank: ICICI Bank new darling of Dalal Street as HDFC Bank falters
NEW DELHI: Growth in the banking business is seen as a proxy for any country’s economic growth. But like Orwellian novels, not all banks are getting equal…
Kotak Mahindra Bank Q1 preview: Profit may rise up to 26%, NII growth seen in single digits
NEW DELHI: is likely to report a 26 per cent year-on-year (YoY) rise in net profit in the June quarter and a single-digit rise in net interest income (NII).…
Axis Bank Q1 preview: Profit likely to double; but all eyes on slippages
NEW DELHI: Axis Bank is likely to report doubling of net profit for the June quarter on an 8-12 per cent rise in net interest income (NII). Net interest margin…
hdfc bank: HDFC Bank Q1 takeaways: Profit growth at multi-quarter low; NIM dips and more
NEW DELHI: The impact of the Covid-19 disruption was all visible on HDFC Bank's June quarter earnings, which showed profit growth at the slowest pace since the…
ubs: SBI, ICICI, Axis are UBS’ top banking picks
Mumbai: UBS expects banks to report muted loan growth and a 25-50 basis point increase in non-performing loans in the first quarter.
Ahead of the start of the…