Tag: Asset Quality
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Alliance Bank Posts Best Quarter in Three Years, Declares 9.37 Sen Dividend
Alliance Bank Delivers a Stellar Quarter Alliance Bank Malaysia Bhd (KL:ABMB) announced a standout quarterly performance, marking its best quarter in three years. The latest results come on the back of higher income streams and lower provisions for bad debt, painting a picture of a bank that is strengthening its core earnings and balance sheet…
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Why Bajaj Finance Stock Fell 7% Despite Strong Q2 Profit: What Investors Need to Know
Overview: Profit Uptick Meets a Cautious Market Bajaj Finance, a blue‑chip non-banking financial company (NBFC), surprised investors with a double‑digit surge in consolidated profit for the July‑September quarter. Yet the stock slid almost 7% in early trade, illustrating a classic market dynamic: strong quarterly numbers don’t always translate into immediate stock price gains if investors…
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Utkarsh Small Finance Bank shifts away from JLG loans as retail deposits rise in Q2 FY2024-25
Strategic shift: From JLG to secured lending Utkarsh Small Finance Bank (USFB) reported a mixed performance for the September quarter, underscoring a deliberate shift in its lending strategy. The bank’s overall gross loan portfolio (GLP) declined by 2.3% year-on-year to ₹18,655 crore, with a sequential dip of 3%. This contraction includes Inter-Bank Participation Certificates (IBPCs),…