India’s largest private lender records ₹18,155 crore net profit; HDB IPO boosts gains Mumbai : HDFC Bank, India’s largest private sector lender, reported a 12.24% year-on-year increase in net profit for the first quarter of FY2025-26, reaching ₹18,155 crore, surpassing analyst expectations. The results reflect strong fundamentals bolstered by higher income and gains from the HDB Financial Services IPO. The bank’s net interest income (NII) rose 5.4% year-on-year to ₹31,438 crore, while the net interest margin (NIM) stood at 3.35%, slightly lower than 3.46% in Q4 FY2025. The decline in…
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HDFC Bank Gears Up for Aggressive Growth in FY26 Post-Merger, Led by CEO Jagdishan
HDFC Bank Gears Up for Aggressive Growth in FY26 Post-Merger, Led by CEO Jagdishan Lucknow– HDFC Bank is poised for a phase of aggressive growth in the fiscal year 2026, following a period of consolidation in FY25 after its significant merger, announced MD & CEO Sashidhar Jagdishan. In his first comprehensive communication to shareholders since the landmark merger, Jagdishan articulated that FY25 was dedicated to “laying the groundwork,” and the bank is now primed to pursue “out-sized growth opportunities.” Jagdishan characterized FY25 as a pivotal year for the newly merged…
Read MoreSR Group Provides Employment to 2,771 Students
Lucknow: SR Group of Institutions, located in Bakshi Ka Talab, organized the much-anticipated Job Fair 2025 on February 21, 2025. The event was inaugurated by Minister of State for Higher Education, Rajni Tiwari, along with MLC and Chairman of the institution, Pawan Singh Chauhan, and Vice Chairman, Piyush Singh Chauhan. During the inaugural session, Chief Guest Rajni Tiwari addressed the candidates, emphasizing that the job fair was not just about employment but about giving wings to their dreams. She encouraged students to participate wholeheartedly. Chairman Pawan Singh Chauhan stated that…
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