04/29/2015

HDFC’s Q4 profit up 8%

On a consolidated basis, net profit increased 10% to Rs2,646 crore, from Rs2,415 crore in the corresponding period last year

04/27/2015

ICICI Bank Q4 net rises 10%

ICICI Bank matched street expectations on Monday with the profit rising 10.2 percent year-on-year to Rs 2,922 crore in the quarter ended March 2015

04/22/2015

YES Bank Q4 profit seen up 28%

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

04/21/2015

Korea’s NPS posts 5.25% return for 2014

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

04/21/2015

Affin braces for challenging conditions

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%

04/20/2015

Citi’s 1Q Asia Pacific Net Profit Rises 19%

As Citigroup’s Asia head Stephen Bird leaves for a global role, he’s leaving behind a region that remains the Wall Street bank’s top contributor to earnings outside North America.

04/14/2015

Itochu seen logging record profit in fiscal 2015

Trading house Itochu is expected to generate a record net profit of 330 billion yen ($2.72 billion) in the current fiscal year ending March 2016, with two major investments providing boosts.

04/09/2015

Bank Nifty bounces back even as Q4 results look weak

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.