Bandhan Bank reported a 68% jump in fourth-quarter net profit at Rs 534 crore, compared with Rs 318 crore in the year-ago period, backed by improvement in asset quality and lower provisions.The bank set aside Rs 677 crore as provisions for the quarter, co... See more
Kolkata: The microfinance sector turned the corner in the January-March period, after 11 quarters of intense portfolio contraction and heavy write-offs amid severe stress and operational challenges that caused the cumulative size of the market to hit a th... See more
Lower provisions helped AU Small Finance Bank report a 65% jump in net profit for the fourth quarter at Rs 832 crore as compared with Rs 504 crore in the year ago period.Provisions were down 58% year-on-year at Rs 269 crore.The net profit for FY26 was up ... See more
The net profit stood at Rs 319 crore in the period under review, as against Rs 304 crore in the year-ago quarter. The bank set aside Rs 869 crore as provisions compared with Rs 1451 crore earlier.Its net interest margin for the quarter improved to 5.95% f... See more
Kolkata: Axis Bank reported a marginal decline in net profit for the fourth quarter, weighed down by trading losses and a one-time provisioning buffer to cover potential risks from the West Asia conflict.Net profit stood at Rs 7,071 crore for the three mo... See more
