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.
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.
The fund has a flexible approach, and the fund management team has full freedom to invest in companies of different sizes based on the maximum expected return.
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.
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.
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.
Shares of State Bank of India (SBI) are down 5% this year. The shares are outperforming the Nifty 50 index, which has fallen 10% year to date.
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