Indias Kotak Mahindra Financial institution slumps as earnings spark asset high quality issues

[ad_1] (Reuters) -Shares of India’s Kotak Mahindra Financial institution had been on observe for his or her worst day in additional than a yr on Monday, as a quarterly earnings miss sparked issues of worsening asset high quality. The inventory fell 6.4% to 1,988.60 rupees, the bottom since mid-March and was the worst performer on … Read more

Union Financial institution Q1 Outcomes: Internet revenue surges 12% at ₹4,115.5 crore, NPA provisions fall

[ad_1] Union Financial institution Q1 Outcomes: Public sector lender Union Financial institution of India on Saturday declared itsfinancial outcomes for the primary quarter (Q1) ended on June 30, 2025. The financial institution reported round 12% rise in its web revenue at ₹4,115.5 crore for thefirst quarter of the present fiscal yr 2026, when in comparison … Read more

Union Financial institution of India logs 12 laptop rise in internet revenue to ₹4,116 cr in Q1

[ad_1] New Delhi, Jul 19 (PTI) State-owned Union Financial institution of India on Saturday reported a 12 per cent rise in internet revenue to ₹4,116 crore through the first quarter of this monetary yr. The Mumbai-based lender had earned a internet revenue of ₹3,679 crore in the identical quarter of the earlier fiscal yr. The … Read more

Indias HDFC Financial institution stories 12.2% revenue progress in Q1 resulting from increased curiosity revenue

[ad_1] July 19 (Reuters) – HDFC Financial institution, India’s largest non-public financial institution by market capitalisation, reported higher-than-expected quarterly revenue on Saturday resulting from a surge in curiosity revenue from loans and treasury positive aspects, whilst provisions for unhealthy loans spiked. The financial institution’s standalone web revenue rose 12.2% to 181.55 billion rupees ($2.11 billion) … Read more