10/21/2014

India's HDFC Bank Q2 profit up 20 pct

HDFC Bank Ltd, India's second-biggest private sector lender by assets, on Tuesday reported a 20 percent rise in quarterly net profit, lagging estimates, due to higher tax expenses and provisioning for loan losses.

10/20/2014

Axis Bank Q2 Net Profit Jumps 18%

Axis Bank, the third largest private sector bank after HDFC Bank and ICICI Bank, posted 18 per cent rise in net profit in the quarter ended September 30 helped by demand from retail borrowers.

10/09/2014

NAB takes a $1bn hit

NAB expects its cash earnings for the year to September 30 to be between $5.1 and $5.2 billion, down from $5.94 billion a year ago.

09/23/2014

ASX celebrates record revenues

ASX chairman Rick Holliday-Smith has used his annual general meeting to celebrate what he called the company's "record revenues and earnings", and to urge shareholders to vote in favour of chief executive Elmer Funke Kupper's remunerat

08/29/2014

Kiwibank profit hits $100 million

The bulk of the profit was made up by the Kiwibank Banking Group (“Kiwibank”) which achieved an after-tax profit of $100 million, an increase of three per cent over the previous year’s profit of $97 million.

08/27/2014

Profit up and new products for ClearView Wealth

ClearView Wealth has posted a 23% increase in after tax profit for the full year to 30 June while also announcing it is entering the low cost product market for low account balance investors .