NEWS ON FINANCIALS
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January 30, 2023, Monday
Bajaj Finance surges 5% on record quarterly profit
The consumer financier reported its highest-ever quarterly profit at Rs 2,973 crore in Q3FY23, up 40% YoY, aided by a healthy rise in NII and ...
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January 30, 2023, Monday
Early pivot unlikely in the face of persistent inflation: UTI AMC's Chopra
"Credit funds have performed quite well in 2022, on the back of an improving economic cycle, low-interest rates, and easing liquidity as ...
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January 27, 2023, Friday
Street positive on SBI Cards despite Q3 miss, on strong growth expectations
Analysts believe the company will be able to shift a larger part of the receivable mix towards EMI payments, which should help stabilise NIM
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January 27, 2023, Friday
Bajaj Finance Q3 net up 40% to Rs 2,973 cr; highest ever quarterly profit
Performance was aided by healthy rise in net interest income, drop in provisions and contingencies
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January 27, 2023, Friday
Banks under pressure; Nifty Bank, PSU Bank indices crack up to 5% in 2 days
Global broking and research firm CLSA said on Thursday, that the Adani Group poses no "significant downside risk" to Indian banks.
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January 25, 2023, Wednesday
Chart: 15 stocks in Nifty 500 continue to rise despite volatile sentiment
Volumes spurt were significantly higher during strong positive closes than during negative sessions.
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January 25, 2023, Wednesday
Stocks to Watch: Maruti, TVS Motor, Coffee Day, Indus Towers, SBI Card, IOC
Stocks to Watch: Bajaj Auto, Cipla, Dr.Reddy's, Tata Elxsi and Tata Motors are some of the prominent companies to announce Q3 results on ...
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January 24, 2023, Tuesday
SC sets aside Allahabad HC order refusing to entertain YES Bank's plea
The Supreme Court Tuesday set aside the Allahabad High Court order refusing to entertain the Yes Bank plea challenging police investigation into ...
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January 24, 2023, Tuesday
PNB Housing Finance Q3 results: Net profit rises 43% at Rs 269 crore
In comparison, the housing finance company (HFC) had booked a net profit of Rs 188 crore in the December quarter of FY22 and Rs 263 crore in the ...
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January 24, 2023, Tuesday
SBI Card Q3 net up 32% YoY to Rs 509 cr on strong interest income
Dip in impairment losses and bad debts suppports performance, stock dips on company missing street estimates
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January 24, 2023, Tuesday
HDFC AMC's Q3 profit up 3% to Rs 369 cr, revenue rises 1.8% to Rs 560 cr
Profit for the nine months ended December 31, 2022 was flat at Rs 1,048 crore
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January 24, 2023, Tuesday
Analysts raise Axis Bank's earnings forecast; to track deposit growth ahead
Axis Bank Q3 result review: Axis Bank's is moving in the right direction with improvement in net interest margins, sustaining loan growth ...
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January 24, 2023, Tuesday
Profit-booking in Axis Bank after strong Q3 results, stock slumps 2%
With Tuesday's decline, the stock price of Axis Bank corrected 6 per cent from its record high level of Rs 970.45, which it had touched on ...
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January 24, 2023, Tuesday
HDFC Bank rallies 7% in six days; stock inches towards all-time high
The management said the final hearing of NCLT, regarding the merger with HDFC, would take place on January 27, 2023, post which regulatory ...
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January 24, 2023, Tuesday
Stocks to Watch: Axis Bank, Maruti, ConCor, HFCL, Zomato, BoB, Gold related
Stocks to Watch: Delta Corp, L&T Finance Holdings and PVR are the three stocks in F&O ban period on Tuesday.
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January 23, 2023, Monday
Canara Bank's profit up 92%; Poonawalla Fin net jumps 88% to Rs 150 crore
While its assets under management grew 28 per cent YoY at Rs 13,929 crore, Poonawalla Fincorp's gross non-perfoÂrming assets were down by 236 ...
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January 23, 2023, Monday
NCLT's final order on bankrupt Reliance Capital bid by next week
The matter is reserved for judgment and the NCLT Bench mentioned that the order will be issued next week
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January 23, 2023, Monday
Axis Bank Q3 net jumps 62% YoY to Rs 5,853 cr on robust interest income
The lender aims to maintain as much cushion on NIMs as possible
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January 23, 2023, Monday
IDBI Bank Q3 net up 60% YoY to Rs 927 cr on improvement in margin
Transfers JP Infratech account to NARCL in January
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January 23, 2023, Monday
Axis Bank Q3 results: Net profit rises 61.9% to Rs 5,853 crore
Analysts on average had expected the bank to report a profit of 54.43 billion rupees, according to Refinitiv IBES data
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January 23, 2023, Monday
ICICI Bank best placed to face NIM shock; analysts see up to 44% upside
ICICI Bank Q3 result review: ICICI Bank, on Saturday, reported a beat on profitability at Rs 8,312 crore, led by strong growth, superior margin ...
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January 23, 2023, Monday
YES Bank tanks 12% on heavy volumes as Q3 net plunges 81%
The management said it would be difficult to give guidance on margins (NIMs) due to pressure from pricing deposits.
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January 23, 2023, Monday
Stocks to watch: ICICI Bank, RIL, UltraTech, Adani Ent, SBI Life, Petronet
Stocks to Watch: Shares of Axis Bank, Canara Bank, IDBI, Jindal Stainless and Tata Communications will be in focus ahead of Q3 results on
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January 21, 2023, Saturday
YES Bank Q3 net down 80.7% at Rs 52 crore as ageing bad loan hurt
YES Bank's net interest income was up 11.7% YoY in Q3 to Rs 1,971 crore. Sequentially, NII declined from Rs 1,991 crore
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January 21, 2023, Saturday
YES Bank reports surprise 80% plunge in Q3 profit to Rs 51 cr as NPAs rise
Net profit fell to Rs 51.52 crore for the three months through December from Rs 266 crore
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January 20, 2023, Friday
RBL Bank's Q3 results: Net profit jumps 34% YoY on firm NII growth
The net NPA ratio was at 1.18 per cent as on December 31, lower than 1.26 per cent a quarter ago and 1.85 per cent a year ago
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January 20, 2023, Friday
Bandhan Bank Q3 profit slumps 66% to Rs 291 crore on higher provisions
Higher provisions for stressed loans also pushed its credit cost up to 6.4% in the quarter from 3.7% a year earlier
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January 20, 2023, Friday
Union Bank Q3 net up 106.8 % at Rs 2,245 cr, considers QIP for equity
State-owned lender's loan book grows 20.09% YoY to Rs 8.04 trn, asset quality improves
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January 20, 2023, Friday
ICICI Bank Q3 Preview: Analysts expect robust loan book to drive PAT growth
ICICI Bank Q3: Consensus estimate by Bloomberg pegs ICICI Bank's net profit growth at 33 per cent year-on-year (YoY)/9 per cent ...
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January 19, 2023, Thursday
Analysts cautious on IndusInd Bank despite all-round beat in Q3; here's why
Nuvama Institutional Equities has downgraded IndusInd Bank's stock to 'hold' from 'buy'
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January 18, 2023, Wednesday
IndusInd Bank's Q3 net profit increases 58% YoY on firm loan growth
Lower provisions boost numbers for lender; NIM maintained despite higher deposit rates
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January 18, 2023, Wednesday
Central Bank Q3 net rises 64.16% at Rs 458 cr on improved margins
State-owned lender reports first full quarter after exiting regulator's Prompt Corrective Action regime
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January 18, 2023, Wednesday
Focus on core business, entering banking space on hold: Satin Creditcare MD
Disbursement figures rising, pain of pandemic over for microfinance sector: H P Singh
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January 18, 2023, Wednesday
HDFC Bank, HDFC extend gains; advance over 3% in two trading days
In the past three months, HDFC Bank (up 13 per cent) and HDFC (up 15 per cent) have outperformed the benchmark S&P BSE Sensex
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January 18, 2023, Wednesday
ICICI Lombard slips 6% on disappointing Q3 results
ICICI Lombard delivered weaker-than-expected performance in Q3FY23 on all counts - weaker premium, lower investment income, and higher expense ...
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January 17, 2023, Tuesday
ICICI Prudential Life Insurance net profit drops 29% YoY in Dec quarter
Its value of new business (VNB) increased 20 per cent YoY to Rs 618 crore in Q3FY23 compared to Rs 515 crore in the year-ago period
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January 17, 2023, Tuesday
ICICI Lombard's net profit rises 11% in Q3 on strong premium income
Gross premiums earned by the insurer was up 17 per cent YoY to Rs 5,600 crore in Q3FY23
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January 17, 2023, Tuesday
NCLT sanctions amalgamation of Equitas Holdings and Equitas SFB
Amalgamation scheme shall be effective upon the filing of tribunal's order
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January 17, 2023, Tuesday
Federal Bank declines 5% on profit booking post strong Q3FY23
In the past six months, the stock of Federal Bank rallied 40 per cent, as compared to 12 per cent rise in the S&P BSE Sensex
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January 17, 2023, Tuesday
IDFC, L&T Finance, 3 others hit 52-week highs; charts show up to 23% upside
Stock reaching fresh 52-week highs may further see up to 23 per cent upside
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January 16, 2023, Monday
No change in NPV for Reliance Capital, 'number sacrosanct': Torrent
Company goes to NCLT after Hinduja group makes post-auction offer for bankrupt financial services firm
