What is the story about?
Q1 Banking Results LIVE Updates:
Right then, Axis Bank, Kotak Mahindra Bank, Yes Bank, PNB have all reported results so far and you can follow all of those updates on this space and on our website as well in greater detail. All eyes are now on the two of the largest private lenders of the country - HDFC Bank and ICICI Bank. The street will be keenly awaiting commentary on asset quality, margins, the ECL provisioning impact and in case there is any stress that will emerge from the rural portfolio considering the uneven impact of the monsoons. ICICI Bank has been the most resilient among the lenders, outperforming them in terms of returns, HDFC Bank has started to play catch-up after multiple overhangs were cleared. The street will also await any potential CEO announcements from Kotak Mahindra Bank as well. Watch this space for all the LIVE banking sector results.
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