Q4 earnings: Reduction in provisions, finance costs help Bajaj Finance tide over timid loan growth

Mumbai: A fall in provisons and finance costs helped , the non banking finance company (NBFC) of the Bajaj Group reported a 42% rise in consolidated net profit for the quarter ended March 2021 to Rs 1 ,347 crore from Rs 948 crore a year ago over riding a fall in total income even as … Read more

HDCF Bank Q2 takeaways: Stable asset quality, Covid provisions, new CEO & MD announcement & more

NEW DELHI: HDFC Bank‘s asset quality was strong at the end of September quarter. The private lender made lesser provisions for the quarter compared with June quarter and beat Street estimates on the bottom line front. A pre-provision profit growth of 18 per cent was healthy; so were growth in deposits and advances. Here are … Read more