Global Markets

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?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more