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“Our business growth, driven by granular advances and deposits growth, continues to improve, in line with our strategy and execution. Our initiatives over the last six months on new product launches, and the scale up of granular retail products are also starting to bear fruit

Nifty closed with a cut of 80 points or 0.44% at 18,028, while Sensex shed 237 points or 0.39% to close at 60,622. Meanwhile, broader markets underperformed the headline indices. >> For more such web stories click on the ET icon below

​​On the other hand, revenue recorded a YoY growth of 25.3% YoY to Rs 8,620 crore and exceeded expectations. The firm also declared an interim dividend of Rs 20 per equity share.

The Nifty Realty index closed 0.72 per cent down at 427.45.

The Nifty Pharma index was trading 0.18 per cent down at 12676.65.

Comex gold prices traded up in Asian hours on Friday supported by safe-haven demand as weak US economic readings and hawkish comments from Federal Reserve members fuelled recession worries, the analyst said.

“The bank registered good growth in business in the third quarter on a year-on-year basis. In terms of asset quality and stress, we see the worst is behind us and expect overall business momentum to remain robust from Q4 FY23 onwards," Bandhan Bank MD and CEO Chandra Shekhar Ghosh said.

The net interest income of the bank for the quarter ended 31st December 2022 grew by 20.26% to Rs 8,628 crore from Rs 7,174 crore for the quarter ended 31st December 2021. Its net interest margin or NIM rose to 3.21% during the December 2022 quarter, higher by 21 bps year-on-year (YoY) and 6 bps quarter-on-quarter (QoQ).

ETMarkets.com found seven largecap stocks that have given at least 25% returns in each of the last 3 fiscal years, including the current FY23.

Today, with the use of technology and the overall ongoing transparency in data from the government, a lot of critical numbers can be broadly estimated even before the Budget is presented