NEWS ON FINANCIALS
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October 28, 2022, Friday
Loans to arms had Rs 1,755-crore impact on Reliance Capital in FY20: Audit
Nageswara Rao Y is the administrator of Reliance Capital
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October 28, 2022, Friday
Flying high! SBI, BoB, Canara Bank poised for up to 18% rally, charts show
The Nifty PSU Bank index hit a fresh 52-week high on Friday and has gained 15 per cent so far this month. The index can rally another 4 per
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October 28, 2022, Friday
Analysts cut earnings estimate, target price on SBI Card post weak Q2 show
SBI Card has underperformed its peers amid company-specific/sector issues pertaining to market share, revolver share, and merchant discount rate ...
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October 28, 2022, Friday
SBI Cards and Payment Services tanks 7 per cent on muted Q2 earnings
SBI Card reported a modest quarter with net earnings impacted due to higher provisions.
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October 27, 2022, Thursday
SBI Card Q2 net profit jumps 52% to Rs 526 crore on low provisions
Impairment losses and bad debts declined 8 per cent YoY to Rs 546 crore but was up 21 per cent sequentially.
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October 27, 2022, Thursday
PNB Housing Finance's Q2 net profit rises 12% on improving margins
Its net interest income (NII) expanded by 29 per cent YoY to Rs 649 crore in the reporting quarter.
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October 27, 2022, Thursday
PNB, BHEL, IDFC among top mid-, smallcap stocks that can rally up to 25%
Technically, whenever any stock remains unaffected during times of volatility, the trend indicates something positive underneath. Such stocks ...
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October 25, 2022, Tuesday
SBI hits record high on hopes of strong Q2 earnings; stock up 11% in 8 days
SBI's core fundamentals continue to be on a strong footing and improvement in systemic growth should drive incremental re-rating for the stock, ...
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October 25, 2022, Tuesday
ICICI Bank Q2: Analysts expect sustained outperformance, up to 24% upside
ICICI Bank Q2 result review: ICICI Bank shares hit record high of Rs 942.7 apiece as the lender outperformed peers on every metric in Q2FY23
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October 22, 2022, Saturday
ICICI Bank Q2 net rises 37% to Rs 7,558 cr on healthy loan growth
Advances of ICICI Bank grew 23 per cent YoY and 5 per cent sequentially to Rs 9.38 trillion at the end of the September quarter
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October 22, 2022, Saturday
YES Bank Q2 net profit down 32.2% to Rs 153 cr on higher provisions
YES Bank's net interest income (NII) was up 31.7 per cent YoY in Q2FY23 to Rs 1,991 crore
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October 22, 2022, Saturday
Kotak Mahindra Bank's consolidated net profit rises 20.7% in Q2FY23
NII of the lender grew 26.8 per cent YoY to Rs 5,099 crore during this period and net interest margin, a measure of profitability of banks, ...
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October 22, 2022, Saturday
RBL Bank's Q2 net surges over 6 times as provisions decline sharply
Aiming for 15% growth in advances in FY23, 20% in FY24, said RBL Bank MD, CEO
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October 22, 2022, Saturday
Kirloskar Industries' Board seeks forensic audit on Kirloskar Brothers
KIL raised questions whether the KBL Board, especially the independent directors of KBL, verified the claims made by Sanjay Kirloskar in ...
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October 21, 2022, Friday
Poonawalla Fincorp Q2 results: Net profit rises 70.8% to Rs 163 cr
Net interest income for reporting quarter grew by 33 per cent at Rs 446 per cent
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October 21, 2022, Friday
Karur Vysya Bank net profit up 52% at Rs 250 cr in Q2, deposits grow
NPA declines to Rs 2,457 crore, compared to Rs 3,972 crore a year ago
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October 21, 2022, Friday
Q2 impact: Upside of up to 14% on cards for ITC, Axis Bank, Dixon Tech
Among prominent stocks, ITC, Dixon Technologies, Axis Bank and Bajaj Finance seem poised to rally up to 14 per cent; whereas Asian Paints is ...
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October 21, 2022, Friday
Here's why LIC, PB Fintech, Delhivery sunk to all-time lows in a firm mkt
With Friday's decline, the stock price of Delhivery has corrected 46 per cent from its record high level of Rs 708.45, which it had touched on ...
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October 21, 2022, Friday
ICICI Bank Q2 net profit may rise 35% YoY on solid loan book, say analysts
ICICI Bank Q2 preview: Better credit growth, including for mortgages and unsecured loans, should drive up margins, leading to healthy core ...
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October 21, 2022, Friday
Nifty PSU Bank index hits record high; Indian Bank surges 22% in one week
In the past one week, Nifty PSU Bank index has rallied 12 per cent as compared to 3 per cent rise in Nifty50
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October 21, 2022, Friday
Axis Bank Q2: Analysts see up to 28% upside on sustained earnings growth
Axis Bank shares hit a record high of Rs 905 on the BSE on Friday, surging 9.5 per cent in the intra-day trade, after the bank beat Street's ...
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October 21, 2022, Friday
Here's why Mehul Kothari expects Axis Bank to hit Rs 1,000-mark
According to the technical analyst from Anand Rathi, a weekly close above Rs 825, can potentially trigger a massive rally in Axis Bank up to Rs ...
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October 21, 2022, Friday
Markets end marginally up on Friday; Sensex, Nifty down 1% in Samvat 2078
The BSE MidCap index fell about 4 per cent in Samvat 2078, while the BSE SmallCap index added 0.4 per cent
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October 20, 2022, Thursday
Shriram Transport Finance Q2 net profit rises 38% to Rs 1,067 crore
The operating profit for the second quarter of the current financial year was up by 24 per cent to Rs 2,131 crore compared to Rs 1,717 crore ...
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October 20, 2022, Thursday
L&T; Finance Q2 results: Net profit rises 81% YoY on improved margins
Its capital adequacy was 22.65 per cent (Tier 1: 19.85 per cent) and Debt to Equity (D/E ratio) at 4.18 times in Q2FY23
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October 20, 2022, Thursday
South Indian Bank posts net profit of Rs 223 crore in second quarter
Murali Ramakrishnan, MD and CEO of the Bank, while announcing the results, stated that the strategy of realigning the business by the bank had ...
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October 20, 2022, Thursday
CCI clears two private equity players' stake purchase in Yes Bank
The Competition Commission of India (CCI) on Thursday approved the proposed Rs 8,900 crore deal wherein two entities will buy stakes in Yes ...
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October 20, 2022, Thursday
Dhanlaxmi Bank's shareholders seek to curb CEO's spending powers
The shareholders seek to suspend powers exercised by CEO Shivan JK in respect of all capital and revenue expenditure, except statutory payments ...
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October 20, 2022, Thursday
Axis Bank Q2 net profit rises 70% to Rs 5,329 crore; NII jumps 31%
Not looking to raise capital immediately for Citi deal: MD-CEO
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October 20, 2022, Thursday
Bajaj Finance Q2 results: Net profit jumps 88% to Rs 2,781 crore
The company booked 6.76 million loans in Q2FY23, up 7 per cent YoY compared to 6.33 million loans booked in the year-ago period
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October 20, 2022, Thursday
Top headlines: Axis Bank Q2 net jumps 70%; Bajaj Finance Q2 net surges 88%
Business Standard brings you top news of the evening
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October 20, 2022, Thursday
Bajaj Finance beats estimates as Q2 net profit surges 88% to Rs 2,781 cr
The gross non-performing asset ratio, a measure of asset quality, eased to 1.17% at the end of September from 2.45% a year earlier
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October 20, 2022, Thursday
Cash-for-gold lender Muthoot Finance joins trend shunning new dollar debt
Muthoot Finance Ltd. is extending a trend in emerging Asia that's dragged down bond issuance in the US currency to its lowest since 2015
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October 20, 2022, Thursday
IndusInd Bank dips 6% on profit booking post September quarter results
The bank reported a healthy 57 per cent YoY growth in July-September standalone net profit to Rs 1,805 crore driven by a healthy rise in loan ...
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October 19, 2022, Wednesday
Major asset management companies report muted results in second quarter
Revenue from operations remains flat for HDFC AMC and Nippon Life AMC in the previous quarter
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October 19, 2022, Wednesday
IndusInd Bank's Q2 net profit rises 57% to 1,805 cr, NII rises 18%
Should see 18-20% credit growth in FY23 says Sumant Kathpalia, MD & CEO, IndusInd Bank
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October 19, 2022, Wednesday
IndusInd Bank's consolidated net profit jumps 57% to Rs 1,805 cr in Q2
Gross bad loans as a percentage of total loans, a measure of asset quality, eased to 2.11% at the end of September, from 2.35% at the end of
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October 19, 2022, Wednesday
Administrator seeks RBI nod to restructure Reliance Capital into four CICs
Will help bidders for its insurance business to avoid Irdai's 5-year lock-in
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October 19, 2022, Wednesday
Can Fin Homes revamping top management; new CEO before end of Dec
Mortgage lender may raise equity capital before closing Q4 of FY23
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October 19, 2022, Wednesday
Axis Bank Q2 preview: Profit may rise over 40% YoY on low provisions
Analysts said progress of the Citi portfolio, direction of operating profit growth, and credit growth amid slowdown concerns will be tracked by ...
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October 19, 2022, Wednesday
IDBI stake sale: To help the buyer, centre asks Sebi to ease norms
The government offered to sell a total of 60.72% stake in the IDBI bank, in early October