Bandhan Bank reported a sharp improvement in its September-quarter earnings, with net profit climbing to Rs 622 crore in Q2 FY27 from Rs 112 crore in the corresponding quarter last year. The bank also recorded growth in net interest income (NII), while a sequential decline in gross and net non-performing assets indicated a modest improvement in asset quality. Net interest income increased 14% year-on-year to Rs 2,961 crore, compared with Rs 2,589 crore in Q2 FY26. The bank's provisions declined significantly from the year-ago period, providing further support to its profitability. Provisions stood at Rs 718 crore during the September quarter, down from Rs 1,153 crore a year earlier. However, provisions increased from Rs 683 crore in the June quarter, indicating that the pressure from credit costs had not disappeared entirely. Bandhan Bank Asset Quality Shows Sequential Improvement Bandhan Bank reported a marginal improvement in asset quality during Q2 FY27. Gross non-pe...
OnePlus Open made its debut today as the first foldable phone from the Chinese smartphone maker. The handset features the same specifications as the Oppo Find N3 that was launched in global markets earlier today. The company confirmed that the handset will be equipped with Sony's newest LYTIA-T808 camera sensor. The handset is also confirmed to feature a waterdrop-style hinge. Other details of the handset that were previously leaked, matched the specifications of the Oppo Find N3.
from NDTV News- Special https://ift.tt/HkT9OyX
Comments
Post a Comment