Latest News for: Net banks


Banks steady credit standards in Q4 2022

The Manila Times 29 Jan 2023
"DI (Diffusion index)-based results reflected an anticipation of net tightening credit standards mainly due to banks' lower tolerance for risk and deterioration in borrowers' profiles," The BSP affirmed ... Similarly, the overall net increase in consumer credit demand was ascribed ...

Bank cups are overflowing thanks to interest rate hikes

Irish Independent 29 Jan 2023
... mid-December, Bank of Ireland raised its own net interest income growth forecast for the second time in less than six weeks.This might not be the best time in the world to consider buying Irish bank shares, because much of that anticipated profit growth is already priced in.

Stocks rally after rate hike in jittery week

Dawn 29 Jan 2023
The benchmark of representative shares of the stock market remained flattish at the beginning of the outgoing week owing to the investors’ concerns about a major hike in the key interest rate by the central bank ... Foreign buying clocked in at $2.8m versus a net purchase of $4.9m a week ago. Major buying was witnessed in banks ($3m) and power ($0.6m).

Survival of the republic

The News International 29 Jan 2023
Breaking down sources of privileges of different vested interests including agriculture, industry, banks, exporters, traders, high net worth individuals, military establishment, and state owned enterprises, the report listed thirty-two (32) types of benefits afforded to them by ...

DCB Bank net profit rises 51% on strong loan growth

Financial Express 28 Jan 2023
DCB Bank’s net profit rose 51% year-on-year in the December quarter due to strong growth in its loans and a write-back of provisions ... DCB Bank Q3 net profit jumps 52 pc to Rs 114 crore ... Private banks confident of sticking to FY24 margin guidance ... Also ReadIDBI Bank ... The bank’s net interest margin rose to 4.02% in October-December from 3.61% a year ago.

DCB Bank Q3 net profit jumps 52 pc to Rs 114 crore

Financial Express 28 Jan 2023
Private sector DCB Bank on Saturday reported a 52 per cent jump in its profit to Rs 114 crore for the December 2022 quarter, mainly due to a decline in bad loans.The bank’s net profit stood at Rs 75 crore in the same quarter of the preceding financial year.

Loan Growth Drives Q4 Profits for INSBANK Parent InsCorp

Victoria Advocate 28 Jan 2023
At the bank-level, net interest income for the quarter was $6,546,000, which was a 17.3% increase over the prior year same quarter.

Jordan’s Arab Bank reports net profits of $544 million for 2022

Gulf News 28 Jan 2023
Jordan’s biggest lender Arab Bank reported net income after tax of $544.3 million in 2022, compared to $314.5 million in 2021. “The Group’s performance was driven by robust growth in its core banking business across different markets, as net profit before provisions and tax ...

RBL Bank stock drops over 11% in four trading sessions after Q3 prints. Should you buy?

Live Mint 28 Jan 2023
On January 26th, markets were closed due to the Republic Day holiday.RBL Bank entered into a bearish tone post-Q3 results.In the December 2022 quarter, the private bank posted a net profit of ₹208.97 crore up by nearly 34% YoY, while net interest income soared by 14% YoY to ₹1,148 crore.

FINCA, Apna banks seek merger

Dawn 28 Jan 2023
Apna Microfinance Bank reported a net loss of Rs1.93 billion in 2021, the latest year for which complete data is available ... The micro-lender was non-compliant with the minimum capital requirement — which is the amount of paid-up capital net of losses that every bank must maintain — as well as the capital adequacy ratio at the end of 2021.

DCB Bank Q3 net profit jumps 52% to Rs 114 crThe bank's net profit stood ...

Deccan Herald 28 Jan 2023
Private sector DCB Bank on Saturday reported a 52 per cent jump in its profit to Rs 114 crore for the December 2022 quarter, mainly due to a decline in bad loans. The bank's net profit stood at Rs 75 crore in the same quarter of the preceding financial year ... At the same time, net interest income rose to Rs 446 crore against Rs 345 crore a year ago.

In Hindenburg vs Adani clash, will banks emerge as biggest casualty?

The Times of India 28 Jan 2023
Amid the noise around debt, CLSA Asia ran an analysis to gauge the potential risk that the Indian banking sector is running for its exposure to the group ... The top-three companies by net debt levels are Adani Green Energy, Adani Power ... and SEZ with Rs 30,000-40,000 crore in net debt each.

Rangers cruise past Golden Knights, 4-1

The Citizens 28 Jan 2023
Jimmy Vesey capped it with an empty net goal with 84 seconds left ... Trocheck passed to Kreider, who re-directed the puck into the net with his left skate ... New York regained a two-goal lead when Chytil's backhanded pass intended for Alexis Lafreniere banked off Vegas defenseman's Shea Theodore's skate into a vacated net with 5.40 remaining.

Man held from Punjab for duping retired UP cop of ₹31 lakh

Hindustan Times 28 Jan 2023
My father followed their instructions, but he later realised that ₹31.10 lakh was deducted from his bank account via net banking,” the complaint said ... crore from Noor’s bank accounts ... Thereafter, they got details of his bank accounts and withdrew money via net banking,” said Yadav.

Ghana’s reserves ended 2022 at 2.7 months of import cover; but trade surplus hits $2.75bn

Joy Online 28 Jan 2023
Ghana’s net international reserves ended 2022 at $2.44 billion, about 2.7 months of import cover, the Bank of Ghana has revealed in its January 2023 Summary of Economic and Financial Data ... The negative Capital and Financial Account Balance was as a result of net portfolio of investments outflow of $2.05 billion.

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The image from video released on Jan. 27, 2023, by the City of Memphis, shows Tyre Nichols leaning against a car after a brutal attack by five Memphis police officers on Jan. 7, 2023, in Memphis, Tenn. Nichols died on Jan. 10. The five officers have since been fired and charged with second-degree murder and other offenses.
AP / City of Memphis via AP