Private Sector Banks News
Kotak Mahindra Bank sets date to declare Q4 results 2025. Details here
Kotak Mahindra Bank will announce its Q4 and FY financial results on May 3, 2025. Analysts predict an 11.2% decline in net profit to ₹3,669 crore, while net interest income is expected to rise by 7% to ₹7,414 crore. The stock has recently reached a record high.
2 min read25 Apr 2025Macquarie retains ‘Outperform’ on IndusInd Bank despite derivative discrepancies; target at ₹1,210
IndusInd Bank's accounting discrepancies may have a limited impact, quantified at 2.27% of net worth. Macquarie Research retains an 'outperform' rating with a target price of ₹1,210, indicating a 53.5% upside potential.
3 min read17 Apr 2025Bank strike: Banking services likely to be hit on THESE days next week — all you need to know
Banking services in India are set to be affected as workers' unions call for a strike next week. The operations of public, private and regional rural banks may be disrupted for up to four days.
2 min read21 Mar 2025Bank holiday tomorrow: Are banks open or closed on February 26 on account of Mahashivratri?
Bank holiday tomorrow: Banks in several states and cities will remain closed for services on Wednesday, February 26, 2025, on account of Mahashivratri to honour Lord Shiva.
2 min read25 Feb 2025IndusInd Bank share price rebounds after worst-ever yearly show: Will the recovery last?
IndusInd Bank shares have rebounded 6% from a one-year low of ₹928 after a 37.2% decline due to poor performance in Q2FY25. Analysts remain cautious about future gains, noting struggles with deposits and lending growth.
2 min read8 Jan 2025Q2FY25 results review: PNB, BoB to Canara Bank — Profit of PSBs jumps 35.4% to ₹45,550 crore
In Q2 FY25, Indian public sector banks saw a 35.39% profit rise, reaching ₹45,550 crore, driven by better asset quality and reduced provisions. Private banks showed slower growth, with some facing increased asset quality challenges amid rising unsecured lending risks.
4 min read12 Nov 2024IndusInd Bank shares slump 19% as Q2 numbers miss estimates, analysts cut target price
IndusInd Bank shares fell 19% to ₹1,034, a 52-week low, after disappointing Q2 results. Analysts lowered target prices, with Motilal Oswal at ₹1,500 and Nuvama at ₹1,290, citing weak earnings and deteriorating asset quality.
3 min read25 Oct 2024Yes Bank shares decline following Q2 business update: Deposits and advances show steady growth, LCR declines
Yes Bank's shares dropped following its Q2 update, showing strong YoY growth in deposits and advances but a decline in liquidity coverage ratio. Despite steady performance, concerns over liquidity and credit-deposit ratio affected investor sentiment.
2 min read3 Oct 2024JM Financial sets record target price for Axis Bank, projects 17% upside
JM Financial has raised its target price for Axis Bank to ₹1,450. It forecasts return on assets (RoA) of 1.74 per cent and a return on equity (RoE) of 16.5 per cent by FY26.
2 min read20 Sep 2024Brokerages list 3 private banks including IndusInd to buy for potential upside of up to 47%; check list
As public-sector bank stocks gain traction, private-sector banks have retreated amid recent consolidation efforts. Brokerages list 3 private sector banks you can buy with up to 47 percent potential upside.
5 min read15 Mar 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared