New Delhi, May 15 (IANS) Shares of gold loan NBFC Muthoot Finance declined over 8 per cent on Friday as the company reported weak operational performance in March quarter, which highlighted concerns over falling customer numbers and rising impairments despite strong profit growth.On the BSE, the NBFC stock fell as much as 8.12 per cent to hit an intraday low of Rs 3,242.20 apiece. At the last count, the stock was trading at Rs 3,290, down 6.77 per cent from the previous close.In its quarterly fi…
Latest Net Interest Margin News & Updates
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…