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.


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.


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.


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


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.