NBFCs brace for slower growth as asset stress, fund costs pinch
Mumbai: The September quarter results for non-banking financial companies (NBFCs) were mixed, as most lenders felt the ripple effects of...
asset quality
Earnings review: Three takeaways from banks’ Q2 results
Bank Nifty’s struggle to keep up with broader market gains has left many investors resigned, adopting a fatalistic Que sera,...
Piramal Enterprises Q2 profit triples to Rs 163 crore; flags precarious credit environment risks
MUMBAI: Non-bank lender Piramal Enterprises on Wednesday said its September quarter net profit tripled to Rs 163 crore on a...
RBL Bank Q2 net profit down 24% on credit card, MFI exposures stress
MUMBAI: RBL Bank on Saturday reported a 24 per cent decline in net profit in the September quarter to Rs...
Indian Overseas Bank Q2 profit rises 24% to Rs 777 crore
NEW DELHI: State-owned Indian Overseas Bank (IOB) on Thursday posted a 24 per cent surge in net profit to Rs...
As deposits gain pace, focus shifts to banks’ margins, asset quality in Q2
Usually, Q2 (July-September) financial results for banks are better than a typically slow Q1, but analysts this time around expect...
