Mumbai, July 22 (IANS) Bandhan Bank shares plunged more than 15 per cent on Wednesday after the lender trimmed its return‑on‑assets (RoA) outlook, despite reporting a stronger‑than‑expected quarterly profit.The Kolkata‑based bank said it now expects RoA to average 1.2–1.4 per cent by the end of FY27, down 40 basis points from its earlier expectation of 1.6–1.8 per cent.The bank expects a dip in RoA due to narrower net interest margins and higher operating expenses.Bandhan Bank shar…
Latest Quarterly Profit News & Updates
New Delhi, July 18 (IANS) State-owned Punjab National Bank (PNB) on Saturday reported a nearly three-fold year-on-year jump in consolidated net profit to Rs 5,339 crore for the first quarter of FY27.The bank had posted a consolidated net profit of Rs 1,832 crore in the corresponding quarter of the previous financial year. On a sequential basis, net profit rose over 2 per cent from Rs 5,225.12 crore in the March quarter, according to its exchange filing.PNB’s consolidated total income stood at Rs…