HDFC Bank's Managing Director Sashidhar Jagdishan confirmed a CEO succession process is underway. This coincides with an ongoing legal review into former Chairman Atanu Chakraborty's March resignation over alleged ethics concerns. Despit...
Read More
ICICI Bank reported an 8.5% jump in Q4 FY26 net profit to ₹13,702 crore, driven by lower provisions and steady income. However, the bank's Executive Director, Sandeep Batra, warned that future trends face uncertainty from geopolitical ev...
Read More
ICICI Bank posted a 9.3% profit rise to ₹14,755 crore for the March quarter. While asset quality improved and provisions fell, operating expenses grew 12%, faster than the 8.4% increase in net interest income. This trend contributed to I...
Read More
HDFC Bank reported a 9.1% year-on-year rise in net profit for its fourth quarter, reaching ₹19,221 crore. Net Interest Income (NII) grew by a more subdued 3.2%. The bank also saw an improvement in its gross non-performing assets (GNPA) r...
Read More
ICICI Bank reported an 8.5% year-on-year increase in net profit to ₹13,702 crore for Q4 FY26, driven by a 8.4% rise in net interest income. Gross NPAs improved to 1.40%, but operating expenses climbed 12% to ₹12,089 crore. Provisions dec...
Read More
HDFC Bank's Board recommended a final dividend of ₹13, bringing the total FY26 payout to ₹15.50 per share, supported by a 9.1% profit increase to ₹19,221 crore in Q4 FY26. Despite robust earnings, the bank navigates evolving sector dynam...
Read More
HDFC Bank has declared a higher FY26 dividend payout and yield, surpassing ICICI Bank. HDFC Bank's final dividend announcement results in a 1.87% yield, with a total FY26 payout of ₹15.50 per share. ICICI Bank's final dividend yields 0.8...
Read More
Digital fraud in India is reaching alarming levels, characterized by fewer but substantially larger losses due to sophisticated AI-driven tactics, synthetic identities, and 'fraud-as-a-service' models. This surge is overwhelming existing...
Read More
Jio Financial Services (JFSL) reported a 70% surge in total income for FY2025-26, reaching ₹3,542.61 crore, while consolidated net profit saw a slight decline. The company also appointed Annapoorna Venkataramanan as its new Group CFO and...
Read More
HDFC Bank announced Q4 FY26 results, posting a 9.11% year-over-year profit increase to ₹19,221 crore and recommending a ₹13 dividend per share. Despite improved asset quality, net interest margins remain under pressure due to elevated bo...
Read More
Indian banks HDFC Bank, ICICI Bank, and Yes Bank released Q4 FY26 earnings. While headline profits and loan growth appear robust, a persistent gap between credit expansion and slower deposit mobilization is intensifying competition for f...
Read More
Angel One Ltd. reported strong Q4FY26 profit growth of 83.5% on an 38.7% revenue jump. This quarterly performance contrasts with the full fiscal year FY26, which saw total income decline 1.8% and profit after tax fall 21.9%. The company'...
Read More
Angel One reported strong fourth-quarter results, with net profit surging 83.5% to ₹320.2 crore on revenue up 38.2% to ₹1,459.4 crore. The company credits its AI integration for boosting client services and speeding up development. Along...
Read More
Jio Financial Services (JFS) reported a 3% net profit drop for FY26, totaling ₹1,561 crore versus ₹1,613 crore in FY25. This dip occurred despite a strong 70% revenue increase to ₹3,542.61 crore, indicating margin pressures. The company'...
Read More
ICICI Bank's Q4 FY26 earnings are expected to be stable, with net interest income up 7% and profit up 3% year-on-year. Asset quality remains strong (GNPA 1.4%) with balanced loan and deposit growth. Net interest margins are seen around 4...
Read More