HDFC Bank net profit misses estimates on higher provisions
Saturday, 21 July 2018 HDFC Bank Ltd posted a 18.2 percent rise in first-quarter net profit but missed analysts' estimates as the lender chose to include all mark-to-market losses in the first quarter, leading to higher provisions.
(Reuters) - Morgan Stanley reported a better-than-expected quarterly profit on Wednesday, driven by gains in its fixed income and equities trading businesses, sending its shares up 3.3 percent. Net revenue from the bank’s sales and trading business rose 18 percent to $3.76 billion, with fixed...
Bank of America Corp reported a better-than-expected rise in quarterly profit on Monday as the second-largest U.S. lender reined in costs, while higher interest... Reuters India - BusinessAlso reported by •RTE.ie •Bangkok Post •Wall Street Journal •Reuters
For the first half of the current fiscal, Federal Bank's net profit stood at Rs 528.75 crore, up from Rs 473.85 crore in the comparable period of 2017-18. Firstpost - BusinessAlso reported by •IndiaTimes •Bangkok Post