Indian banks anticipate strong profitability in the third quarter. Falling deposit rates and Reserve Bank of India’s liquidity measures will support net interest margins. Credit growth remains robust, especially for large lenders. Stable asset quality and fee income will also contribute positively. Analysts foresee steady margins and improved profitability driven by loan growth and lower credit costs.
Cochin Shipyard Q3 Results: Cons PAT falls 18% YoY, revenue up 18%. Rs 3.50/share dividend announced
Cochin Shipyard reported an 18% YoY decline in Q3 net profit, while revenue rose 18%. Sequential profit and revenue growth, an interim dividend, and global