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…
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Mumbai, April 29 (IANS) Fino Payments Bank Limited on Wednesday reported a sharp decline in profitability for the March quarter, with net profit falling 70.4 per cent year-on-year to Rs 7.1 crore from Rs 24 crore in the same period previous financial year (Q4 FY25).Despite the drop in earnings, the bank showed resilience in core operating metrics. Net interest income (NII) rose 31.5 per cent to Rs 35.2 crore during the quarter, compared to Rs 26.8 crore a year ago, as per its regulatory filing.T…
Mumbai, April 25 (IANS) Private lender Axis Bank on Saturday reported a 0.64 per cent drop in profitability for the March quarter (Q4) of FY26, with net profit dropped 0.64 per cent year-on-year (YoY) to Rs 7,071 crore.The lender had posted a net profit of Rs 7,118 crore in the corresponding quarter of the previous financial year (Q4 FY25), according to its latest stock exchange filing.The bank’s interest income showed healthy growth during the quarter, rising 4.7 per cent to Rs 32,724 crore f…
New Delhi, March 3 (IANS) India’s largest private lender HDFC Bank has said that the UPI-based cash withdrawals will be counted as part of customers’ monthly free ATM transaction limits.The new development will come into effect starting April 1, according to the official statement.In a communication to account holders, the bank stated that cardless UPI cash withdrawals will no longer be treated as a separate category.Instead, they will be bundled with traditional debit card withdrawals when ca…
Mumbai, Jan 17 (IANS) India’s largest bank by market capitalisation, HDFC Bank, on Saturday reported a 12.17 per cent rise year-on-year in net profit for the December quarter of the current financial year (Q3 FY26).The bank’s consolidated net profit increased to Rs 19,806.63 crore in Q3, compared to Rs 17,656.61 crore in the same quarter last financial year (Q3 FY25).The bank’s core income also showed steady growth during the quarter. Net interest income rose 6.4 per cent year-on-year to R…