Indian Bank FY23 net exceeds ₹5,000 crore, asset quality continues to improve
adminIndian Bank reported a 47 per cent rise in net profit for the March 2023 quarter, while its FY23 profit exceeded Rs 5000 crore. The quality of the bank's assets…
JK Bank records highest annual net profit of ₹1,197 crore
Jammu and Kashmir Bank has announced its highest annual net profit of ₹1197 crore in FY 2022-23 results.With a capital adequacy ratio of 15.39%, the highest in a decade, and…
UCO Bank Q4FY23 net profit increased by 86%
Thanks to higher revenue from core operations, UCO Bank posted an 86% increase in net profit to Rs 581 crore for the March quarter.The bank has received interest from around…
Federal Bank netted a 67 percent net increase to ₹903 cr for the January-March quarter
Private sector lender Federal Bank on Friday reported its highest quarterly net profit of ₹902.61 crore for the January-March quarter of fiscal 2022-23, recording year-on-year growth of 67 percent.The bank's…
KFin Tech’s Q4 net profit rose 12 percent to ₹57 cr
KFin Technologies Ltd, a technology-based financial services company, posted a net profit of Rs 57 crore in the fourth quarter ended 31 March 2023, up from Rs 50.8 crore in…
Piramal Enterprises posts a consolidated net loss of ₹196 cr in the fourth quarter
Piramal Enterprises Ltd (PEL) reported a consolidated net loss of Rs 196 crore in the fourth quarter against a net profit of Rs 151 crore in the prior-year quarter, led…
Union Bank of India Q4 net profit vaults 93 percent to ₹2,782 cr
Union Bank of India (UBI) reported a 93 per cent year-on-year (yoy) rise in fourth quarter (Q4FY23) net profit to ₹2,782 crore on the back of healthy growth in net…
Bank of India’s Q4FY23 net profit soars 123% to ₹1,350 cr
Bank of India's (BoI) fourth-quarter net profit soared 123 percent year-on-year (yoy) to ₹1,350 crore from ₹606 crore in the year-ago quarter. The bottom line in the reporting quarter was…
TVS Credit Services reports a 76% increase in Q4 net profit to ₹111 crore
Non-bank financial company TVS Credit Services Ltd would emphasize improving the customer experience, leveraging data and technology, a senior official said. The company has reported a 76 per cent increase…
Catastrophe-hit Allstate Reports Net Loss for First Quarter 2023
Catastrophe-hit Allstate Reports Net Loss for First Quarter 2023 | Insurance business America catastrophe and flood Catastrophe-hit Allstate Reports Net Loss for First Quarter 2023 Technical loss exceeded $1 billion…