Bank of Maharashtra Q3 net loss widens 3-fold

State-owned Bank of Maharashtra on Tuesday reported over three-fold jump in net loss to Rs596.70 crore during the quarter ended December 2017 on spike in provisions due to higher non-performing assets (NPA) ratio.

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Punjab National Bank(PNB) Q3 net profit rises 11.06%

Punjab National Bank's third quarter (October-December) earnings missed analyst expectations on Tuesday, but asset quality improved sequentially.

Profit growth of 11 percent at Rs 230.11 crore and net interest income growth of 7 percent at Rs 3,989 crore year-on-year were below CNBC-TV18 poll of Rs 558.1 crore and Rs 4,122.9 crore, respectively.

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Union Bank of India posts Q3 loss,asset quality weakens but NII grows 19%

Public sector lender Union Bank ofIndia disappointed Street on Saturday as it posted net loss of Rs 1,250 crore for December quarter against profit of Rs 104 crore in previous year.

Profit included investment depreciation of Rs 700 crore & Rs 991 crore of additional provision for 18 accounts referred to National Company Law Tribunal, as per RBI list-II, the bank said.

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J&K Bank Q3 net profit at Rs72.47 crore

Jammu & Kashmir Bank on Wednesday reported a net profit of Rs72.47 crore during third quarter ended 31 December 2017.

The bank had reported a net loss of Rs498.47 crore in the October-December quarter of 2016-17. A fall in bad loan proportion helped the bank report profit on its books. The gross non-performing assets (NPAs) as a percentage of net loans by end of December 2017 fell to 10.08%, as against 11.84% as on 31 December 2016, it said in a BSE filing.

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IDBI Bank Q3 loss narrows, provisions spike 30%

State-run lender IDBI Bank's Q3 standalone loss narrowed down to Rs 1,524.31 crore against Rs 2,255 crore in the corresponding quarter last fiscal. 

It had reported a net loss of Rs 197.84 crore in the Q2FY18. 

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ICICI Bank Q3 result, net profit falls 32%

ICICI Bank Ltd on Wednesday reported a 32.42% fall in fiscal third-quarter profit as the bank set aside more money to cover the risk of default on bad loans.

Net profit fell to Rs1,650.24 crore in the quarter ended 31 December from Rs2,441.82 crore a year ago. According to 26 Bloomberg analyst estimates, the bank was expected to post a net profit of Rs1,902.50 crore.

Provisions and contingencies rose 31.59% to Rs3,569.56 crore from Rs2,712.70 crore a year ago. On a quarter-on-quarter, they fell 20.73% from Rs 4,502.93 crore.

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Karur Vysya Bank Q3 result, net profit drops 38%

Karur Vysya Bank’s net profit declined by over 38% to Rs71.49 crore for the quarter ending December due to a rise provisions for bad loans.

The private sector lender had registered a net profit of Rs115.76 crore in the corresponding October-December period of previous fiscal 2016-17.

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Oriental Bank of Commerce(OBC) Q3 result, net loss widens

Public sector Oriental Bank of Commerce  on Tuesday said its net losses widened to Rs1,985.42 crore in the third quarter ended 31 December, mainly due to uptick in bad loans that required higher allocation as reserve money.

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