Recent Posts

OBSC Perfection Limited Lists on NSE SME Today, Rises Post-Listing with Strong Market Response

Chennai, 29 Oct 2024 OBSC Perfection Limited IPO listing today, 29th Oct. 2024: OBSC Perfection Limited IPO listing today: Shares of OBSC Perfection Limited, a precision metal component, debuted on the NSE SME platform at ₹110 per share, showing a strong performance. The stock soon locked in upper circuit at  ₹115.50 in …

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SIMS Hospital Join hands with Former Indian Cricketer Dinesh Karthik to Strike a Powerful Blow Against Stroke

Chennai, October 29th, 2024 – In a powerful display of support for stroke awareness, former Indian cricketer Dinesh Karthik joined forces with SIMS Hospitals to commemorate World Stroke Day. The event brought together a diverse group of individuals, including stroke survivors, healthcare professionals, and corporate teams, all united by a common goal: to …

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Indian Bank Financial Results for the Quarter/Half Year ended 30th September 2024

Key Highlights (Quarter ended Sep’24 over Sep’23) Bank’s Global Business is at ₹12.44 lakh Cr, up by 10% YoY • Net Profit up by 36% YoY at ₹2707 Cr in Sep’24 from ₹1988Cr in Sep’23 • Operating Profit improved by 10% YoY to ₹4728 Cr in Sep’24from ₹4303 Cr in Sep’23 • Net Interest Income increased by 8% YoY to ₹6194 Cr in Sep’24 from ₹5741 Cr in Sep’23 • Fee based income grew by 11% YoY to ₹891 Cr in Sep’24from ₹805 Cr in Sep’23 • Return on Assets (RoA) up by 27 bps to 1.33% in Sep’24from 1.06% in Sep’23 • Return on Equity (RoE) increased by 114 bps to 21.04% inSep’24 from 19.90% in Sep’23 • Yield on Advances (YoA) up by 2 bps to 8.77% in Sep’24 from 8.75% in Sep’23 • Yield on Investments (YoI) increased by 40 bps to 7.17% in Sep’24 from 6.77% in Sep’23 • Gross Advances increased by 12% YoY to ₹550644 Cr in Sep’24 from ₹492288 Cr in Sep’23 • RAM (Retail, Agriculture & MSME) advances grew by 14%YoY to ₹325050 Cr in Sep’24 from ₹285891 Cr in Sep’23 • RAM contribution …

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