Lender reports higher slippages, write-offs.
Sovereign bond rallied on Monday with the benchmark 10-year security dropping nine basis points to 6.43 per cent.
For five years to up to 10 years, the new rate is 6.5 per cent.
The provisions coverage ratio, or PCR, of ICICI Bank is now at an industry-high at 74 per cent.
Guv says IMF should decide on currency manipulation.
According to Soumya Kanti Ghosh, Group Chief Economic Advisor, State Bank of India, the future is "uncertain" for payments banks.
The private lender had reported a profit of Rs 1,260 crore in the same quarter last year.
In comparison, HDFC Life reported a reported strong APE growth of 73 per cent YoY to Rs 680 crore in June 2019.
On Thursday, the RBI released the results of the March 2019 round, along with the summary time series data since March 2015.
“SBI will continue to lead the PSB pack in terms of growth and other operating metrics.