Q2 Results Live: RBL Bank Net Profit Slips 20%, Stake Sale To Emirates NBD Confirmed; J&K Bank Profit Down
Today promises to be an exciting day of results as giants in the banking sector, HDFC Bank, ICICI Bank and PNB along with others are set to announce results.
Q2 Results Live: Can Fin Homes Net Profit And NII Rise 19%
Can Fin Homes Q2 Highlights (YoY)
Net Profit up 19% at Rs 251 crore versus Rs 211 crore
NII up 19% At Rs 404 crore versus Rs 339 crore
Q2 Results Live: Jammu & Kashmir Bank
J&K Bank Q2 Highlights (QoQ)
Net NPA at 0.76% versus 0.82%
Gross NPA at 3.32% versus 3.50%
Q2 Results Live: Jammu & Kashmir Bank Reports Flat NII, Dip In Profit
J&K Bank Q2 Highlights (YoY)
NII flat at Rs 1,434 crore
Operating Profit down 21% at Rs 623 crore versus Rs 787 crore
Net Profit down 10.3% at Rs 494 crore versus Rs 551 crore
Q2 Results Live: RBL Bank Confirms Majority Stake Sale
Newsbreak Confirmed: Dubai's State-Owned Bank To Buy RBL Stake For Rs 26,853 Crore.
RBL Bank Ltd. approved raising up to Rs 26,853 crore via a primary stake sale to Dubai's state-owned lender Emirates NBD Bank, according to a regulatory filing on Saturday.
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Q2 Results Live: RBL Bank Confirms Fundraise From Dubai-Based Lender
Emirates NBD is set to buy a controlling stake in RBL Bank. (Click Here for more details). The Bank confirmed through an exchange filing on Saturday, along with its Q1 results.
The bank has approved fund raise of up to Rs 26,853 crore from Emirates NBD, along with Preferential Issue of shares on private placement basis from Emirates NBD, as per the filing.
