PRE-MARKET INDIAN STOCKS NEWS: Banks' quarterly updates
News detail
Axis Bank Ltd. (AXSB IS) - Co. Q4 gross advances rose 18.4% Y/Y to INR 12.44tln while total deposits rose 13.9% Y/Y to INR 13.35tln. (Moneycontrol)Bajaj Auto Ltd. (BAJAJ-AUTO IS) - Co. March total sales rose 20% Y/Y to 0.45mln units while exports rose 21% Y/Y to 0.18mln units and domestic sales rose 20% Y/Y to 0.27mln units. (Moneycontrol)Bajaj Finance Ltd. (BAF IS) - Co. Q4 customer franchise rose to 119.33mln (prev. 101.82mln Y/Y), new loans booked rose 20.5% Y/Y to 12.89mln while AUM rose 22% Y/Y to INR 5.10tln. (Moneycontrol)Bank of Baroda (BANKBARODA IS) - Co. Q4 total global business rose 13.93% Y/Y to INR 30.78tln while global deposits rose 12% Y/Y to INR 16.48tln. (Moneycontrol)Bank of India Ltd. (BANKINDIA IS) - Co. Q4 global deposits rose 13.58% Y/Y to INR 9.27tln while global business rose 14.53% Y/Y to INR 16.98tln. (Moneycontrol)HDFC Bank Ltd. (HDFCB IS) - Co. Q4 average advances under management rose 10% Y/Y to INR 29.64tln while gross advances rose 12% Y/Y to INR 29.60tln. (Moneycontrol)IndusInd Bank Ltd. (INDUSINDBK IS) - Co. Q4 net advances fell 8.7% Y/Y to INR 3.15tln while deposits fell 2.6% Y/Y to INR 4.00tln and CASA ratio fell to 31.30% (prev. 32.80%). (Moneycontrol)Kotak Mahindra Bank Ltd. (KOTAKBANK IS) - Co. Q4 net advances (end-period) rose 16.2% Y/Y to INR 4.95tln while average net advances rose 16.2% Y/Y to INR 4.81tln and total deposits (end-period) rose 14.7% Y/Y to INR 5.72tln. (Moneycontrol)L&T Finance Ltd. (LTF IS) - Co. Q4 retail disbursements rose 62% Y/Y to INR 240.8bln while retail loan book rose 26% Y/Y to INR 1.19tln. (Moneycontrol)Punjab National Bank (PNB IS) - Co. Q4 total global business rose 10.79% Y/Y to INR 29.72tln while global deposits rose 9.25% Y/Y to INR 17.11tln. (Moneycontrol)Tata Motors Ltd. (TATAMOTORS IS) - Co. JLR Q4 wholesales fell 14.5% Y/Y to 95.3k units while retail sales fell 14.3% Y/Y to 92.7k units. (Moneycontrol)Vedanta Ltd. (VEDL IS) - Co. Q4 aluminium production rose 2% Y/Y to 613kt, zinc saleable metal rose 5% Y/Y to 282kt, zinc international production fell 3% Y/Y to 49kt while silver production fell to 176kt (prev. 177kt Y/Y). (Moneycontrol)Wipro Ltd. (WPRO IS) - Co. is to acquire all of Mindsprint shares from Olam for USD 375mln. (Newswires)Yes Bank Ltd. (YESBANK IS) - Co. Q4 loans and advances rose 10.7% Y/Y to INR 2.72tln while deposits rose 12.1% Y/Y to INR 3.19tln. (Moneycontrol)
What do investors think?
StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.
