ICICI Q1 profit zooms 40% to Rs 9,648 crore, Kotak jumps 67% – Times of India

[ad_1] MUMBAI: ICICI Bank has reported a record net profit of Rs 9,648 crore in Q1-2024—a 39.7% increase from Rs 6,905 crore in Q1-2023. Meanwhile, Kotak Mahindra Bank exceeded analyst estimates to report a 67% jump in standalone net profit at Rs 3,452 crore for the June quarter. On a consolidated level, the profit grew … Read more

Wall Street Stocks Finish Mixed as US Debt Default Risk Lingers

[ad_1] Last Updated: May 31, 2023, 02:48 IST New York, United States of America (USA) The broad-based S&P 500 was flat at 4,205.52, while the tech-rich Nasdaq Composite Index gained 0.3 percent to 13,017.43. After rallying Friday in anticipation of an agreement, markets were muted as far-right Republicans in the House came out against the … Read more