Private lender IDFC FIRST Bank on Saturday posted a consolidated net profit of Rs 295.6 crore for the fourth quarter (Q4) of FY25, nearly 60 per cent decline compared to Rs 731.9 crore reported in the same period in FY24.
State-run Bank of Baroda (BoB) on Thursday reported a 5.6 per cent year-on-year (YoY) increase in its net profit for the third quarter of the financial year 2024-25 (Q3 FY25).
ICICI Bank on Saturday reported a 14.5 per cent growth in net profit at Rs 11,746 crore (year-on-year) in Q2 FY25, from Rs 10,261 crore in the year-ago quarter.
Nearly half of the demat accounts that applied for IPOs between April 2021 and December 2023 were opened during the post-COVID period.
Net Interest Income (NII), a key indicator of core income, posted a 6.1 per cent rise, to touch Rs 6,275.8 crore, from Rs 5,914 crore in the same quarter last year.
Government-owned Punjab National Bank (PNB) on Saturday reported a 159 per cent surge in its net profit to Rs 3,252 crore for the April-June quarter of 2024.25 compared to the corresponding figure of Rs 1,255 crore in the same quarter of 2023-24.
The bank’s net interest income (NII) during the first quarter increased 6 per cent to Rs 9,166 crore from Rs 8,666 crore in the same period last year.
Axis Bank on Wednesday reported a net profit of Rs 7,130 crore for the January-March quarter of 2023-24 compared to a loss of Rs 5,762 crore in the same quarter last year after it acquired Citi Bank's consumer business in India.
The credit growth of all banks slowed down to 8.1 per cent in 2016-17 from 10.9 per cent in the…
