Axis Bank’s revenue rose 91% to Rs 412.5 billion on solid net investment growth.

Bank’s net interest margin (NIM) was 3.6 percent from April to June, down from 3.46 percent in the same period last year and 3.49 percent in the previous quarter.

The net profit of Kotak Mahindra Bank in the third quarter increased by 15% to 213.1 billion rupees.

Kotak Mahindra Bank’s NII (interest income and expense differentiation) for the October-December period increased by 12% year-over-year to Rs 4,334 million. Net banking margin increased from 4.36% to 4.62% in the reporting quarter.

HDFC Bank Annual profit increased by 19% to Rs 919.6 billion, and net profit increased by 15%.

HDFC Bank NSE -0.34% on Saturday reported separate net income for the quarter ended June 30, 2022, up 19% year on year to Rs 9,195.99 crore. The net profit of the company was 7729 rupees. This was reported in the quarter of last year.

Axis Bank Q1 profit: Profit up 91% YoY to Rs 4,125 crore, 

New Delhi: Axis Bank NSE 0.96% on Monday reported a net income of Rs 4,125.26 crore in the June quarter, up 91% from Rs 2,160.15 crore in the same period last year.

ICICI Prudential Life Insurance buys about 10 Cr shares

Shares of (ICICI Pru) fell 31% in Q3 2020 (Q4 2020), up 10% to Rs 370 per share, despite falling Rs 179 million on Monday on BSE. Closed in March. The company made a profit of 26.1 billion won last year.

How Hero MotoCorp affected the stock markets

Hero MotoCorp shares opened at 2,800 on BSE and 2,796.9 on NSE. BSE and ESN shares closed at 2,785.5 (+0.1%) and 2,784.1 (+0.1%). It is trading at the current price with a price return of 18.6. The stock hit a 52-week high of 3,628.6 on February 17, 2021, and a 52-week low of 2,709.9 on … Read more