#NewsFlash | Electronic Mart India #IPO issue fully subscribed on Day 1

▶️On Day 1, IPO subscribed 1.30x until 3.55 pm

▶️Overall 1.30x, #QIB 1.67x, #NII 0.61x & #Retail 1.38x

#Poll

Federal Bank will report its #Q2Earnings on Friday, October 14, 2022. The street expects the #lender to report a 16.6% rise in the #NII at ₹1,479.4 crore while net #profit is seen growing by 38.6% (YoY). #NIMs to improve QoQ & profit growth to remain healthy

#Poll

HDFC Bank will report its #Q2 earnings on Saturday, October 15, 2022. The street expects the lender to report a 15.1% rise in the #NII at ₹19,581.7 crore while net #profit is seen growing by 21.7% (YoY). #NIM likely to remain stable or improve (QoQ)

#Poll

AU Small Finance Bank will report its #Q2 earnings on Wednesday, October 19, 2022. The street expects the lender to report a 32.6% rise in the #NII at ₹998.8 crore while net #profit is seen growing 13.5% (YoY). Net interest margin likely to remain flat QoQ

#Poll

IndusInd Bank will report its #Q2 earnings on Wednesday, October 19, 2022. The street expects the #lender to report a 17% rise in the #NII at ₹4,280.05 crore while net profit is seen growing 52.8% (YoY). #NIM to improve QoQ as per CLSA to 4.23% vs 4.21% QoQ

Indian Bank #Q2 earnings

▶️ Net #profit up 12.5% at ₹1,225 cr vs ₹1,089 cr (YoY)

▶️ #NII up 14.7% at ₹4,684 cr vs ₹4,083 cr (YoY)

▶️ Gross #NPA at 7.30% vs 8.13% (QoQ)

▶️ Net NPA at 1.50% vs 2.12% (QoQ)

▶️ Gross NPA at ₹31,959 cr vs ₹34,573 cr (QoQ)

▶️ Net NPA at ₹6,174 cr vs ₹8,471 cr (QoQ)

▶️ Provisions at ₹2,059 cr vs ₹2,219 cr (QoQ) & vs ₹2,547 cr (YoY)

Union Bank reports #Q3 earnings

▶️ Net #profit at ₹2,244.8 crore vs ₹1,085.4 crore (YoY)

▶️ #NII up 20.3% at ₹8628.1 crore vs ₹7174.4 crore (YoY)

▶️ #Provisions at ₹3,035.9 crore

Karur Vysya Bank reports #Q3 earnings

▶️ Net #Profit up 56% at ₹289.3 cr vs ₹185.5 cr (YoY)

▶️ #NII up 29.4% at ₹889 cr vs ₹687.2 cr (YoY)

▶️ Gross #NPA at 2.66% vs 3.97% (QoQ)

▶️ Net NPA at 0.89% vs 1.36% (QoQ)

▶️ Gross NPA at ₹1,674.3 cr vs ₹2,456.5 cr (QoQ)

▶️ Net NPA at ₹550.4 cr vs ₹818.7 cr (QoQ)

Indian Bank reports #Q3 earnings

▶️ Net #profit at ₹1,395.8 cr vs ₹689.7 cr (YoY)

▶️ #NII up 25.1% at ₹5,499.12 cr vs ₹4,395.1 cr (YoY)

▶️ Gross NPA at 6.5% vs 7.3% (QoQ)

▶️ Net #NPA at 1% vs 1.5% (QoQ)

CSB Bank reports #Q3 earnings

▶️ Net #Profit up 5.3% at ₹156 cr vs ₹148.2 cr (YoY)

▶️ #NII up 15.1% at ₹350 cr vs ₹304 cr (YoY)

▶️ Net NPA at 0.42% vs 0.57% (QoQ)

▶️ Gross NPA at 1.45% vs 1.65% (QoQ)

▶️ Gross NPA at ₹271.3 cr vs ₹291 cr (QoQ)

▶️ Net NPA at ₹77.6 cr vs ₹98.8 cr (QoQ)

#Poll

#BandhanBank will report its Q1FY24 earnings on July 14, 2023. The street expect the lender to report a 2.3% (YoY) rise in the #NII at ₹2,572.9 crore while a 14.1% decline in the #profit. Analyst estimates #NIM to remain in narrow range