Fourth quarter: 4.4% increase in profit of listed banks

Mumbai: Listed banks recorded a cumulative net profit of Rs 94,228 crore in the fourth quarter of FY 2024-25, which records a 4.4 percent increase in net profit on an annual basis. Which is a 3.7 percent increase compared to the third quarter. During this period, the profit of public sector banks increased by 12.9 percent and the joint net profit of 12 PSU banks reached Rs 48,370 crore. While 20 private sector banks have earned a total net profit of Rs 1,000 crore in 2014-15. 45,858 crores Which is 3.3 percent less than the same period of the previous year.

It is noteworthy that IndusInd Bank, the fifth largest bank in India’s private sector, has recorded a net loss of Rs 2,000 crore in the financial year 2014-15. There was a turnover of Rs 2329 crore in the fourth quarter. Which is due to losses in derivatives and microfinance accounting.

In this quarter, the increase in net interest income of banks was in singles points, with the growth rate of private sector banks 4.5 percent and the growth rate of public sector banks was 2.7 percent. In February, basic income growth has been affected due to various reasons such as a cut of 25 basis points in the repo rate. The net interest income increased by 7 percent at a slow pace.

It has also been observed that the net interest margin has come down from 3.2 per cent of the previous year to 3 per cent, keeping in mind the full impact of the change in deposit rates in FY 2025. While the net interest margin has declined in FY 2025, the finance cost has decreased by 10 basis points, which has some effect on profitability. In addition, the reward on assets remains stable due to equal savings in operational costs.

Impact of market uproar: new investors decreased in mutual funds

The data of the Reserve Bank of India suggests that in the financial year 2025, the debt hike of banks has declined by 11 percent, compared to 20.2 percent in the last financial year.