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Bandhan Bank Q1 profit jumps 35% as provisions decline sharply
Bandhan Bank reported a 35% rise in Q1 net profit to Rs 502 crore, driven by lower provisions despite weaker operating profit. Gross NPAs improved, advances grew 16%, while higher staff and technology costs, along with lower treasury income, weighed on earnings.
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thehindubusinessline.com
Lower provisioning and recoveries boost Axis, Kotak and IDBI profit in Q1; YES Bank bucks the trend
Axis, Kotak, and IDBI banks report profit growth due to lower provisions, while YES Bank shows strength in core earnings.
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economictimes.indiatimes.com
Yes Bank Q1 Profit Surges 34% on Strong Loan Growth
Yes Bank has reported a remarkable thirty-four percent surge in net profit for the first quarter, driven by robust loan growth and enhancing net interest margins. The bank's loan…
