JANA SMALL FINANCE BANK EARNINGS UPDATE

The stock quoted a 52-week high price of Rs 813.0 and a 52-week low of Rs 554.0.

The stock quoted a 52-week high price of Rs 813.0 and a 52-week low of Rs 554.0.

AU Small Finance Bank's shares declined by 4.25% to Rs 644 on the BSE following a slight 0.4% QoQ decrease in total deposits, totaling Rs 97,290 crore for Q1 ended June 2024. Conversely, CASA deposits rose by 1.8% QoQ, reaching Rs 32,034 crore in Q1...

On the technical charts, the RSI of the stock stood at 50.87.

The SFB entered new states in FY24, which is expected to support the loan book growth in the medium term. The analysts have trimmed the earnings expectations citing possibility of higher loan loss provisioning over the next two years.

​Ujjivan Small Finance Bank's shares plunged a tad over 5% Monday after its management projected a higher credit cost for the fiscal 2024-25 and a 20% lending growth, which is at the lower end of a range given earlier.

Unity Small Finance Bank Limited (Unity Bank) has raised the interest rate slabs on savings accounts, according to the bank press release dated June 24, 2024. The bank offers highest interest rate of 7.75% on savings account.

Indian sovereign debt players bond with bonds following Mint Road's move to decelerate rate-increase drive and JPMorgan's recognition. CCIL data shows a 40% increase in monthly trades, reaching ₹8.6 lakh crore in 2023.

With the Centre sitting on a considerable cash surplus at the moment, it had likely opted to cancel the green bond auction than settle for a lack of a premium, or “greenium” at the auction. The government had planned to raise Rs 6,000 crore through ...

The yield on the 10-year benchmark government security closed at 6.978%, its lowest level since June 6, 2023, LSEG data showed. The 10-year bond yield had closed at 6.98% on Friday. Bond prices and yields move inversely.

A fall in government bond yields lowers borrowing costs across the economy as sovereign debt yields are the benchmarks for determining price of corporate borrowing.

JSFB provides micro financing, secured business loans, loans against property, micro, small and medium enterprises loans, loans against deposits and gold, and loans to finance companies. The bank strives to reduce reliance on unsecured loans by expa...

The RBI accepted bids worth Rs 2069.99 crore at Thursday’s buyback auction of government securities out of up to Rs 60,000 crore worth of bonds that the Centre had offered to repurchase. In a similar auction last week, the RBI had accepted bids wort...

Capital Small Finance Bank on Thursday reported Rs 28.2 crore net profit for the March quarter against Rs 24.3 crore in the year-ago period, riding on lower provisions and contingencies.

The bank's net interest margin for the quarter was 10.1% against 10.4% in the same quarter last year, although it rose sequentially from 9.8%. Operating profit was 25.5% higher at Rs 128 crore against Rs 102 crore. Provisions and contingencies were ...

Its net interest margin, a key gauge of profitability, improved to 8% for the full year from 7.8% in FY23.

The net profit however comes to Rs 344 crore, reflecting a four-fold jump, if the deferred tax assets of Rs 170 crore is included.

Highest fixed deposit rates: The interest rates on short-term fixed deposits are greater than those on savings accounts, while lower than those on long-term deposits. Let us take a look at at the interest rates offered by the top banks on such short...