Invest Yadnya's all Articles

There is a geopolitical risk coming from the Russia-Ukraine war, which might lead to a global slowdown.

Strong growth across all business segments and stable Asset Quality helped the Net Profit to rise multi-fold.

Consolidated Net Profit of LIC rose sharply to Rs.8,349 Cr in Q3 FY23 from Rs.211 Cr in Q3 FY22 due to rise in net premium income

Strong AUM growth of 12,476 crores in Q3. AUM growth was slower in mortgages due to intense pricing pressures.

Revenue for the quarter improved by 8% YoY, coming in at INR 4,559 Crores. Voice business increased by 8.7% YoY. Data business increased by 11.1% YoY.

The company is witnessing encouraging traction in newer digital tools specifically targeted at the derivatives traders, due to which contribution from the cash segment has come down to 34% of overall equity revenue in Q3FY23 from 50% in Q3FY22

Launched SBI Life Smart Lifetime Saver, an individual, non-linked, participating, whole life insurance savings product, especially designed for customers who are looking for a product with income for whole of life.

IDFC First Bank reported Highest-ever Profitability, Net Profit up 115% YoY in Q3 FY23.

The company reported the highest-ever quarterly profit again In Q3 FY23.

Revenue for the quarter has increased by 16% QoQ and 58% YoY as the gross value orders have increased on QoQ basis with an increase in the active monthly transacting users.