On a consolidated basis, net profit increased 10% to Rs2,646 crore, from Rs2,415 crore in the corresponding period last year
Rising domestic interest rates, which climbed to a six-year high in the first quarter, give Singaporean banks scope to impose greater charges on borrowers.
Commenting on the results and financial performance, Rana Kapoor, Managing Director & CEO, YES BANK said, “YES Bank has delivered another satisfactory Quarter, and overall Financial Year across all key parameters of growth, profitability and as
South Korea’s National Pension Service (NPS), the world’s fourth largest pension fund, secured a return of 5.25% for 2014, with AUM rising to around 470 trillion won (US$432.4 billion) as of December 31
Affin Holdings Bhd, which operates Affin Bank, expects a slower loan growth of 8% for 2015 and foresees a five to 10 basis points (bps) compression in net interest margin (NIM) ranging between 2.4% and 2.45%
The Bank Nifty has bounced back 460 points intraday after three day of declines and looks set for some more upside in coming sessions. According to technical analysts, the charts of banks look good on immediate and short term charts.
Aberdeen Asian Income Fund Ltd, managed by Aberdeen Asset Management Asia Ltd, Wednesday said it trailed the MSCI All Country Asia Pacific ex-Japan Index in 2014