The Federal Bank Ltd has reported a rise of 50% in net
The Federal Bank Ltd has reported a net profit of Rs 150.5 m for the nine month period ending December. Inspite of a fall in other income, and a 14% increase in operating expenses profit growth was at 50% mainly due to lower interest expenses.
IDFC Bank declared its results for the second quarter of the financial year 2016-17 (2QFY17). Since the bank commenced operations on 1st October 2015, the year-ago figures are not available for comparison.
State Bank of India (SBI) declared its results for the second quarter of the financial year 2015-16 (2QFY17). The net interest income for the quarter grew by 1.3% YoY and the profit was down by 34.5% YoY.
Axis Bank declared the results for the second quarter of the financial year ended March 2017 (2QFY17). The bank has reported 11.1% YoY growth in net interest income while net profits declined 83.3% YoY in 2QFY17.
HDFC Bank declared the results for the second quarter of financial year ending March 2017 (2QFY17). The bank has reported 20% YoY and 20% YoY growth in net interest income and net profits respectively in 2QFY17.
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