Axis Bank posts Rs 1,505 crore Q4 profit as provisions drop

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  • Axis Bank third-quarter profit more than doubles to Rs 1,681 crore, asset quality improves

    Axis Bank third-quarter profit more than doubles to Rs 1,681 crore, asset quality improves

    The Economic Times | A Times Internet Limited product

    Private lender Axis Bank on Tuesday reported 131 per cent year-on-year (YoY) surge in standalone profit at Rs 1,681 crore. The bank had posted a profit of Rs 726 crore in the year ago period. Analysts in an ET NOW poll had projected the profit at Rs 1,235 crore. Miscellaneous Income for the quarter jumped to Rs 1,007 crore from Rs 148 crore in the year-ago quarter.

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  • PNB reports surprise Rs 1,019 crore profit in Q1 on lower provisions

    PNB reports surprise Rs 1,019 crore profit in Q1 on lower provisions

    Punjab National Bank on Friday reported a surprise profit of Rs 1,018.63 crore for the quarter ended June 30 on big slump in provisions. The public sector lender had reported a loss of Rs 940 crore in the corresponding quarter last year. Analysts in an ET NOW poll projected a loss of Rs 350 crore. Provisions and contingencies declined sharply by 64.86 per cent on a yearly basis to Rs 2,023.31 crore over Rs 5,758.16 crore. The number declined 80 per cent sequentially.




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  • Axis predicts huge win for BJP in UP;we can trust because Axis has been accurate in its predictions

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    India Today – Axis predicts 251-279 seats for BJP in UP, we can trust on it because Axis has been accurate for last six times including one in Bihar with its predictions.
    (IndiaToday,10-March-17)-MK
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Axis Bank on Thursday reported net profit of Rs 1,505.06 crore for quarter ended March 31. The private lender had reported a loss of Rs 2,188.74 crore in the corresponding quarter last year.

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  • Axis Bank third-quarter profit more than doubles to Rs 1,681 crore, asset quality improves

    Axis Bank third-quarter profit more than doubles to Rs 1,681 crore, asset quality improves

    The Economic Times | A Times Internet Limited product

    Private lender Axis Bank on Tuesday reported 131 per cent year-on-year (YoY) surge in standalone profit at Rs 1,681 crore. The bank had posted a profit of Rs 726 crore in the year ago period. Analysts in an ET NOW poll had projected the profit at Rs 1,235 crore. Miscellaneous Income for the quarter jumped to Rs 1,007 crore from Rs 148 crore in the year-ago quarter.

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  • PNB reports surprise Rs 1,019 crore profit in Q1 on lower provisions

    PNB reports surprise Rs 1,019 crore profit in Q1 on lower provisions

    Punjab National Bank on Friday reported a surprise profit of Rs 1,018.63 crore for the quarter ended June 30 on big slump in provisions. The public sector lender had reported a loss of Rs 940 crore in the corresponding quarter last year. Analysts in an ET NOW poll projected a loss of Rs 350 crore. Provisions and contingencies declined sharply by 64.86 per cent on a yearly basis to Rs 2,023.31 crore over Rs 5,758.16 crore. The number declined 80 per cent sequentially.




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    Watch the video to know how RPA is transforming #businesses.
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  • India observes Independence Day with patriotic fervour

    India observes Independence Day with patriotic fervour

    Prime Minister Narendra Modi
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    India observes Independence Day with patriotic fervour

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    Jummah की नमाज को लेकर Kashi में Police Alert, चप्पे- चप्पे पर Force तैनात
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