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Private Banks

ICICI Bank's net profit up 14.8% to Rs 11,792 crore in Q3FY25, NII up 9.1%

ICICI Bank's net interest margin dropped marginally by 2 basis points to 4.25 per cent in Q3 compared to 4.27 per cent in the previous quarter, margins to stay stable until rate cut cycle starts

ICICI Bank's net profit up 14.8% to Rs 11,792 crore in Q3FY25, NII up 9.1%
Updated On : 25 Jan 2025 | 5:40 PM IST

ICICI Bank shares fall nearly 3%, hits four-month low ahead of Q3 results

The stock price of the private sector lender is trading at its lowest level since September 9, 2024 and has corrected 11% from its previous month high of Rs 1,350.20 touched on December 16.

ICICI Bank shares fall nearly 3%, hits four-month low ahead of Q3 results
Updated On : 21 Jan 2025 | 2:49 PM IST

Private sector banks' credit costs up in Q3FY25 on higher provisions

Slippages to NPAs in credit card, microfinance segments increase

Private sector banks' credit costs up in Q3FY25 on higher provisions
Updated On : 19 Jan 2025 | 10:10 PM IST

Macquarie likes pvt banks over PSBs as FY26 may be the 'year of stability'

HDFC Bank, SBI, ICICI Bank share price target: Macquarie raises share target price of HDFC Bank, ICICI Bank, SBI, cut IndusInd Bank share price target

Macquarie likes pvt banks over PSBs as FY26 may be the 'year of stability'
Updated On : 13 Jan 2025 | 9:37 AM IST

IndusInd Bank down 4% as Goldman Sachs downgrades to 'Neutral', cuts target

The downfall in the IndusInd Bank share price came after reports indicated that the New York-based brokerage Goldman Sachs downgraded the stock to 'Neutral'

IndusInd Bank down 4% as Goldman Sachs downgrades to 'Neutral', cuts target
Updated On : 10 Jan 2025 | 1:44 PM IST

CSB Bank shares surge 6% as loan, deposits grow over 20% in Q3FY25

CSB Bank share: CSB Bank's total deposits surged 22.17 per cent year-on-year (Y-o-Y) to Rs 33,406 crore in Q3FY25

CSB Bank shares surge 6% as loan, deposits grow over 20% in Q3FY25
Updated On : 02 Jan 2025 | 9:54 AM IST

Private banks masking worsening retail asset quality with write-offs: RBI

The GNPA ratio for unsecured lending was marginally higher, at 1.7 per cent

Private banks masking worsening retail asset quality with write-offs: RBI
Updated On : 31 Dec 2024 | 12:25 AM IST

Karur Vysya bank expands footprint with 4 new branches in Tamil Nadu

Private sector Karur Vysya Bank has inaugurated four new branches in Tamil Nadu, under its plan to strengthen presence, taking the overall branch network to 862, the bank said on Sunday. The Tamil Nadu headquartered bank had inaugurated 24 new branches in the current financial year. The four new branches were inaugurated in Madurai, Tiruppur, Krishnagiri and Chennai, a press release said here. The new branches would cater to provide all basic banking transactions and also to specific needs of customers and would also offer the entire spectrum of banking and financial services. Karur Vysya Bank as on September 30, 2024 reported a total business of Rs 1,76,138 crore and a net profit of Rs 932 crore. The net non-performing asset of the bank as on September 30, 2024 stood at 0.28 per cent, the release added.

Karur Vysya bank expands footprint with 4 new branches in Tamil Nadu
Updated On : 15 Dec 2024 | 7:43 PM IST

IndusInd Bank share drops 3%, hits 52-week low as UBS slashes target price

The fall in the IndusInd Bank share price came after Zurich, Switzerland-based brokerage UBS slashed its target price to Rs 1,150 per share, according to reports

IndusInd Bank share drops 3%, hits 52-week low as UBS slashes target price
Updated On : 13 Dec 2024 | 12:05 PM IST

'Credit card delinquencies rise in June even as issuance growth drops'

According to CRIF data, delinquencies in the 91-180 DPD category increased to 7.6 per cent in October 2023, up from 6.5 per cent in June 2023

'Credit card delinquencies rise in June even as issuance growth drops'
Updated On : 11 Dec 2024 | 11:45 PM IST

Attrition in private banks improving, but long way to go: Swaminathan

Substantial regulatory focus on customer in the coming days

Attrition in private banks improving, but long way to go: Swaminathan
Updated On : 19 Nov 2024 | 11:05 PM IST

Banks urge RBI for boards' workload mgmt, flag cyber security concerns

Cybersecurity risks, customer centricity issues flagged

Banks urge RBI for boards' workload mgmt, flag cyber security concerns
Updated On : 18 Nov 2024 | 11:42 PM IST

RBI likely to draw up road map for ECL adoption at Monday's meeting

The central bank's communication to private banks' board secretariats has not listed the agenda for the meeting, but has only given the event flow

RBI likely to draw up road map for ECL adoption at Monday's meeting
Updated On : 15 Nov 2024 | 11:56 PM IST

BFSI Summit: 'Service key to mobilising deposits, not just interest rates'

BFSI Summit: CEOs of prominent private banks say that interest rate hikes are not the key to attracting customers. Instead, the delivery of banking services and brand trust play more significant roles

BFSI Summit: 'Service key to mobilising deposits, not just interest rates'
Updated On : 06 Nov 2024 | 3:59 PM IST

Deutsche Bank infuses Rs 5,113 cr into India operations for expansion

German lender Deutsche Bank on Wednesday announced that it has infused an additional capital of Rs 5,113 crore into its India operations. This is the largest capital allocation to India in recent years and will be used for expanding across business lines, including corporate banking, investment banking and private banking, according to a Deutsche Bank's statement. The lender has been present in India for the last 45 years and the balance sheet size stood at Rs 1.45 lakh crore as of March 31, 2024, making it one of the largest foreign banks in the country. It has 17 branches in the country. The fresh infusion marks a 33 per cent jump in the capital buffer over the 2023 levels and increases the regulatory capital of Deutsche Bank AG India branches to nearly Rs 30,000 crore, the statement said, adding that the same has grown three times in the last decade. "India is well positioned to benefit substantially from many of today's most important trends reshaped supply chains, digitisation

Deutsche Bank infuses Rs 5,113 cr into India operations for expansion
Updated On : 06 Nov 2024 | 11:51 AM IST

Private banks' fresh loan rates up 14 bps in September over August

Fresh term deposit rates rise eight bps in Sept; One-yr MCLR flat in October

Private banks' fresh loan rates up 14 bps in September over August
Updated On : 01 Nov 2024 | 11:40 PM IST

Pvt banks push work-life balance, new policies to combat employee burnout

Indian banks are prioritising work-life balance by implementing policies to reduce overtime and after-hours communication, responding to rising attrition and employee burnout

Pvt banks push work-life balance, new policies to combat employee burnout
Updated On : 01 Nov 2024 | 11:38 AM IST

The bottom line: Private lenders stumble sequentially in Q2, PSBs shine

Slippages in unsecured retail portfolios take a toll on private banks; elevated credit costs hurt, too

The bottom line: Private lenders stumble sequentially in Q2, PSBs shine
Updated On : 30 Oct 2024 | 11:55 PM IST

Nifty Pvt Bank, Auto indices: Check resistance, support & other key levels

The Nifty Private Banks Index is currently experiencing a downward trend, supported by short-term moving averages, all of which are sloping downwards

Nifty Pvt Bank, Auto indices: Check resistance, support & other key levels
Updated On : 24 Oct 2024 | 6:59 AM IST
Updated On : 23 Oct 2024 | 12:11 AM IST