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Sunday, July 22, 2018

HDFC Bank Q1 net up 18 pct at Rs 4,601 crore

HDFC Bank reported an 18.17% year-on-year (Y-o-Y) increase in its net profit for the first quarter of FY2019 at Rs 4,601.44 crore, but missed analysts’ expectations due to an increase in provisions.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2O68jsp
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Corporation Bank to raise Rs 2,555 crore by issuing shares to government

Public sector lender Corporation Bank today said its Board has approved plan to raise Rs 2,555 crore by issuing shares to the government.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2NAnMQs
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Saturday, July 21, 2018

South Indian Bank net profit nosedives in Q1

Kerala-based South Indian Bank has declared a net profit of Rs 23.04 crores for the first quarter of the financial year 2018-19 as against Rs 101.47 crores during the corresponding period last year.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2uGiiMN
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Healthy traction in loans, but growth in core income slows

The net interest income has grown by 15.4 per cent YoY in the June quarter, despite 22 per cent growth in loans

from Business Line - Money & Banking https://ift.tt/2mzWr5r
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HDFC Bank Q1 net profit up 18% to Rs 4,601 crore



from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2mA4j72
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