Jio Financial, HDFC Bank, ICICI Prudential, and IndusInd Bank have all announced impressive Q2 profit growth. HDFC Bank kicked off the earnings season for India's lenders with profit that exceeded expectations. Jio Financial, the finance arm of Mukesh Ambani's Reliance Industries, saw its quarterly profit double in its first set of earnings since being spun out. Jio Financial is set to launch a suite of loan products as part of Ambani's finance push. ICICI Prudential reported a 22% rise in Q2 profit due to higher premium collections. IndusInd Bank also posted a 22% jump in Q2 profit. These strong financial results highlight the resilience and growth potential of the Indian banking and financial services sector.
India's IndusInd Bank reports 22% jump in Q2 profit https://t.co/qUfNDg5zFn https://t.co/lC1Ps6Zdao
Polycab India posts 59% rise in Q2 profit on healthy wires, cables demand https://t.co/gzEdKWoQcf https://t.co/WVGA5zypcH
India's ICICI Prudential posts 22% Q2 profit rise on higher premium collections https://t.co/j128tnJh7O https://t.co/kbZt8wJcqC
Jio Financial set to launch suite of loan products in billionaire Ambani's finance push https://t.co/Ty8dthHaJc https://t.co/JNIC2qjh5i
Jio Financial set to launch suite of loan products in billionaire Ambani's finance push https://t.co/I5XPvXrRdo https://t.co/RqSf6TXZto
Jio Financial set to launch suite of loan products in Mukesh Ambani's finance push https://t.co/Abdy5ahixX
Ambani's Jio Financial launches lending and insurance businesses https://t.co/E8MyYkch4v by @refsrc
Jio Financial set to launch suite of loan products in billionaire Ambani's finance push https://t.co/a08b9sxS8A https://t.co/7grvV5XLfi
In its first quarterly results after the $40 billion merger with parent HDFC in July, HDFC Bank saw its profits swell, but its net interest margins dropped and bad loans increased. This and more in today’s explainer. https://t.co/aG2mzZIVfk
Jio Financial Services' quarterly profit doubles in its first set of earnings since it was spun out of Mukesh Ambani's Reliance Industries https://t.co/uHmmqw794P
India's Jio Financial Q2 profit doubles from previous quarter https://t.co/Fi2pwLmZq6 https://t.co/Y3jYTZ8vgr
HDFC Bank kicks off the earnings season for India's lenders with an increase in profit that topped expectations https://t.co/cv1vwQjQ7B