Explainer: Here are key financial ratios to evaluate performance of banks

Explainer: Here are key financial ratios to evaluate performance of banks

Banking and finance stocks have earned stellar returns over the past few years, thereby attracting retail investors. The sector index BSE Bankex has gained over three times since April 1, 2020, the year of pandemic, closely tracking similar gains in the benchmark Sensex. Given the importance of the lending sector not only in the stock … Read more

Bandhan Bank Q1 Results: Profit soars 47% YoY to Rs 1,063 crore; NII jumps 21%

Bandhan Bank Q1 Results: Profit soars 47% YoY to Rs 1,063 crore; NII jumps 21%

Bandhan Bank on Friday reported 47% growth in its consolidated net profit at Rs 1,063 crore in the first quarter, compared with Rs 721 crore in the last year period. The lender’s net interest income (NII) for the reporting quarter rose 21% year-on-year to Rs 3,005 crore as against Rs 2,491 crore in the same … Read more