Bank of India's profit after tax was 47% above its estimates - a trend that was led by asset quality improvement as well as other factors such as strong fee income, recoveries and low credit cos Economics
Jefferies added that asset quality improvement was led by corporate recovery, while deposit growth could be a key monitorable going forward. Economics
IDBI Bank's Q2 gross non-performing assets improved to 2.65% from 2.93% in the previous quarter. Economics
Net interest income of PNB was nearly unchanged at Rs. 10,469 crore versus Rs. 10,517 crore a year earlier, down 1% sequentially, while provisions surged 123% year-on-year to Rs. 643 crore. Economics
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