PSU banks increase their market share and surpass private lenders in loan growth

 According to a report by Mint, India's public sector banks have surpassed their private sector counterparts in terms of lending growth, reclaiming some of the market share they had lost during the previous few years. In December, the loan book of public...

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Quarterly Financial Results of Public & Private sector banks for Q3FY25

Public Sector Banks :Bank of BarodaBank of IndiaBank of MaharashtraCanara BankCentral Bank of IndiaIndian BankIndian Overseas BankPunjab & Sind BankPunjab National BankState Bank of IndiaUCO BankUnion Bank of India (adsbygoogle =...

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City Union Bank Q3 Net profit rises 13%

Compared to Rs.253 crore during the same period previous year, City Union Bank's net profit for the third quarter of FY25 increased by 13% year over year (YoY) to Rs.286 crore. During the October–December period, the bank's net interest income (NII) increased...

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DCB Bank Q3 Net profit grows 20%

For the third quarter ending December 31, 2024, private sector lender DCB Bank Ltd. announced a 19.6% year-over-year (YoY) growth in net profit at Rs.151.4 crore on Friday, January 24. In the same quarter of the previous fiscal year, the Vabk reported a net profit...

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Bandhan Bank Q3 results: Net profit falls 42%

 On January 31, Bandhan Bank announced a 42% drop in net profit for the quarter that ended on December 31, 2024, to Rs 426 crore. It reported net profit of Rs 733 crore in the year-ago period. Net interest income (NII) as of Q3FY25 amounted at Rs 2,830...

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IndusInd Bank Q3 results: Net profit declines 39%

In the third quarter of fiscal year 2025, IndusInd Bank recorded a net profit of Rs 1,402 crore on January 31, 2025, which was 39% less than the Rs 2,301 crore reported in the same quarter the year before. (adsbygoogle = window.adsbygoogle || []).push({}); The...

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Federal Bank Q3 profit falls 5%

Federal Bank, a private sector lender, announced on Monday that its third quarter net profit, which ended in December 2024, decreased by 5% to Rs 955 crore. In the same quarter last year, the bank made a net profit of Rs 1,007 crore. However, according to a regulatory...

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Points to be looked while taking charge as a Manager in Bank

With fast retirements, promotions are also come fast. These days scale I to II or II to III service period is reduced to 2 years in many banks. In such a short span of time youngsters don’t get much exposure and in many cases officers spend their 2-3 years...

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ICICI Bank Q3 Profit up 15% YoY; NII grows 9%

India's second largest private sector lender ICICI Bank on Saturday reported that its standalone Q3 profit after tax grew by 14.8% year-on-year (YoY) to Rs 11,792 crore while net interest income (NII) increased 9.1% YoY to Rs 20,371 crore during the December quarter.It's...

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Yes Bank Q3 Net profit more than doubles

Yes Bank on Saturday, January 25, reported robust third-quarter earnings for FY25, posting a net profit of ₹612.3 crore for the period, significantly exceeding the CNBC-TV18 poll estimate of ₹538.9 crore. It marks a substantial year-on-year increase in profitability,...

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AU Small Finance Bank Q3 net profit rises 41%

 A net profit of Rs 528.45 crore was announced by AU Small Finance Bank on January 24 for the current fiscal year's October–December quarter. Compared to the net profit of Rs 375.25 crore recorded during the same time of the previous fiscal year, this represents...

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HDFC Bank Q3 Net profit up 2.2% YoY

 India’s largest private sector lender HDFC Bank reported its financial results for the third quarter of FY25, posting a 2.2 percent year-on-year rise in standalone net profit to Rs 16,736 crore. The earnings surpassed Street expectations, with analysts projecting...

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Karur Vysya Bank reports 20.39% rise in Q3 net profit

Private sector Karur Vysya Bank has reported a 20.39% rise in its net profit for the October-December 2024 quarter to Rs.496 crore, the bank said on Tuesday. The Tamil Nadu bank had registered a net profit of Rs.412 crore during the corresponding quarter of last...

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IDBI Bank Q3 Profit jumps 31% YoY; net NPA drops

 On Monday, January 20, IDBI Bank announced a Rs.1,908.27 crore standalone net profit for the current fiscal year's December quarter (Q3FY25). Compared to a profit of Rs.1,458.18 crore made in the same quarter previous year, the profit number was almost 31%...

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South Indian Bank Q3 Net profit rises 12%

On Tuesday, January 21, South Indian Bank Ltd. released the results for the October–December quarter. In addition to reporting a higher bottom line, the lender's asset quality increased from the September quarter prior. In comparison to the same time last year,...

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Jammu & Kashmir Bank Q3 Net profit surges 26%

On Monday, January 20, Jammu and Kashmir Bank (J&K Bank) announced that its net profit for the third quarter, which ended on December 31, 2024, increased by 26.3% year over year (YoY) to Rs.531.5 crore. Jammu and Kashmir Bank reported a net profit of Rs.421...

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