NIMs

earnings: Strong loan growth, stable asset quality seen powering Jan-March bank numbers

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Mumbai: Strong loan growth and stable asset quality are likely to continue powering bank results in the FY24 fourth quarter ended March with net profit likely to increase between 12% and 15% on an average, analysts said. Pressure on bank net interest margins (NIMs) will continue, though to a lesser extent than the last quarter … Read more

HDFC Bank: HDFC Bank drops 8.4% on margin worries

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Mumbai: HDFC Bank shares slumped 8.4% on Wednesday – its biggest single-day drop since March 2020 – as concerns over the bank’s future profitability triggered a sharp sell-off. The private lender’s third-quarter results were in line with analyst estimates, but Dalal Street focused on the likely pressure on net interest margins (NIMs) – the difference … Read more