Latest Updates Around The World
Kotak Mahindra Bank’s net interest income (NII) or core income rose 4% year-on-year to ₹7,311 crore in the second quarter, while other income fell 4% to ₹2,589 crore. | Photo credit: ADNAN ABIDI Private sector lender Kotak Mahindra Bank on Saturday reported a 3 per cent year-on-year decline in net profit for the quarter ended […]
Kolkata: Lower provisioning allowed ICICI Bank to report a 5.2% rise in standalone net profit to Rs 12,359 crore for the second quarter of the fiscal compared to Rs 11,746 crore in the same period last year, exceeding market expectations. The private sector lender set aside Rs 914 crore as provisions and contingencies for the […]
Mumbai: Private sector lender Axis Bank on Wednesday reported a 26% decline in net profit for the September quarter to ₹5,090 crore due to a one-time impact on standard asset provision. A poll of analysts by Bloomberg had estimated net profit at ₹5,838 crore. The lender had reported a net profit of ₹6,918 crore in […]
