Mumbai, April 30 (IANS) IDBI Bank on Thursday reported a 5 per cent decline on its net profit for the fourth quarter ended March 31 (Q4 FY26) to Rs 1,943 crore.The bank clocked a net profit of Rs 2,051 crore in the corresponding quarter of the previous financial year (Q4 FY25), according to its stock exchange filing.It reported 11.7 per cent year-on-year (YoY) jump in its net interest income to Rs 7,798 crore in Q4 FY26, compared to Rs 6,978 crore in year-ago period.However, operating performanc…
Latest Gross NPAs News & Updates
New Delhi, April 13 (IANS) India’s economy is in a structurally resilient expansionary phase, and markets could deliver returns above long‑term averages as valuations are favourable, a report said on Monday.The report from investment management firm OmniScience Capital said the economy is in a goldilocks phase with high real gross value added (GVA) growth of 7–8 per cent with inflation anchored within the Reserve Bank of India’s target band.The recent market correction of around 13 per c…
Mumbai, Jan 17 (IANS) ICICI Bank on Saturday reported a 2.68 per cent year-on-year (YoY) decline in its consolidated net profit for the December quarter (Q3 FY26). The bank posted a profit of Rs 12,537.98 crore in the third quarter, compared to Rs 12,883.37 crore in the same period last financial year (Q3 FY25).On a quarter-on-quarter (QoQ) basis, the bank’s profit fell 6.13 per cent from Rs 13,357.06 crore reported in the July–September quarter (Q2) of FY26, according to its stock exchange …