Bank Q1 Results News

Companies

Punjab & Sind Bank Q1 net loss narrows to ₹30 cr

Provisions during the quarter decreased 67.37% to ₹334.5 crore The net NPA ratio was at 7.77% as against 7.22% in the January-March quarter

1 min read7 Aug 2019
Companies

Lakshmi Vilas Bank Q1 net loss widens to ₹237 cr

Higher provisioning and lower growth in net interest income are the reasons Gross NPAs rose to 17.3% as against 10.73% in Q1FY19

1 min read6 Aug 2019
Companies

Bandhan Bank’s Q1 profit jumps 45.55%

Other income grew 48.18% to ₹312.21 crore from ₹210.69 crore a year agoBandhan Bank’s provisions rose 56% y-o-y to ₹125 crore in the June quarter of FY20

1 min read19 Jul 2019
Companies

Yes Bank reports bad loans worth ₹6,230 crore in Q1, net profit slumps 91%

Bank’s other income dropped 25% to ₹1,272.66 crore in the three months from ₹1,694.14 crore a year agoThe bank posted a net profit of ₹113.76 cr for the quarter ended 30 June, from ₹1,260.36 cr a year ago

4 min read18 Jul 2019
Companies

IDFC Bank posts Q1 loss since market debut

IDFC Bank’s net loss was Rs370 crore for the quarter ended 30 September, compared with a profit of Rs234 crore a year ago

1 min read24 Oct 2018
Companies

RBL Bank Q2 profit rises 36% to ₹205 crore

RBL Bank had earned a net profit of ₹150.62 crore in the same quarter a year ago

1 min read23 Oct 2018
Opinion

Dear public sector banks, don’t uncork the bubbly just as yet

A close look at some of the banks' bad loan pile-ups will tell you that the party time has not yet arrived

4 min read20 Aug 2018
Market

IDBI Bank Q1 results show how expensive it is for LIC

LIC will have to cough up a large sum of capital to keep IDBI Bank alive, given the lender's Q1 loss and worst bad loan ratio in the banking sector

2 min read15 Aug 2018
Companies

Q1 results: IDBI Bank reports loss for 7th quarter in a row

IDBI Bank's Q1 net loss stood at ₹2,409.89 crore, compared to a loss of ₹853.01 crore in the same quarter last year

1 min read14 Aug 2018
Market

Why bank stocks are rallying despite dismal Q1 results

Considering the mountain of provisioning banks have done over the last three years, investors believe banks have enough insurance against toxic assets and from here on earnings can only improve

2 min read13 Aug 2018
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