Mark to Market

Bandhan Bank 45.55% year-on-year rise in net profit   at  ₹ 701.14 crore Net interest income for the quarter increased 35.98% to ₹ 1,410.38 crore Percentage of gross non-performing assets (NPAs) climbed to 2.02% in Q1 from 2.04% on a quarter-on-quarter basis. The percentage of net NPAs stood at 0.56%, against 0.64% during the same period. Provisions and contingencies rose 56.70% RBL Bank Net profit rose 40.52% The bank posted a net profit of  ₹ 267.05 crore Net interest income,  increased 47.88% to  ₹ 817.32  Gross non-performing assets (NPAs), as a percentage of total advances, were at 1.38% in the June quarter, and 1.40% in the year-ago period Net NPA ratio was at 0.65%, against 0.69% in the March quarter, and 0.75% in the year-ago period Provisions during the quarter increased by 51.89% to  ₹ 213.18 crore HDFC Bank Revenue is up by 22%  (Retail 47%; Wholesale 28%; Treasury 12%) to 343 billion Net profit before provision rose by 27 %,  

Quarter's Performance- Revenue increased by 22.1 % to 1.72 trillion, standalone decreased by 3%. PBDIT increased by 9.1% to 0.24 trillion, standalone decreased by 1.4% Cash Profit increased by 1.8%, standalone decreased by 5.9% Net Profit increased by 6.8% to 0.10 trillion, standalone decreased by 2.4% EPS increased to 17.1 from 16 YoY and 17.5 QoQ Refining and Marketing Revenue increased by 15.8% QoQ  (50% of total revenue) EBIT margins stand at 4.4%, reduced by 21% YoY Retail Revenue grew by 47.5% QoQ  (20% of total revenue) EBITDA margins stood at 5.3%%  growing at 69.9% YoY Petrochemical Revenue reduced by (6.6%)  (20% of total revenue) EBIT margins stand at 20% Jio Revenue grew by 5.4% QoQ and 48.3% YoY (8% of total revenue) EBITDA margins stood at 40% growing at 130bps YoY With Net profit at 8% growing at 45%YoY The per-customer revenues came to 122  Media Business (Network 18) Revenue grew by 10.8%  EBIT

Fiscal •  Concrete plans for enabling the ambitious 5- years infrastructure program with an investment volume of INR100 lakh  crores • The nominal  GDP growth of 12%.   Indications are that the inflation rate would remain below 4% •  Achieving th e fiscal deficit target of 3.3% of GDP for 2019–20 Corporate Tax ation •  Domestic companies to be taxed at 25% if the turnover/gross receipt is  upto  INR   4 00  crores  as against earlier threshold of INR  250  crores •  TDS rate of 2% to be applicable on aggregate cash withdrawals exceeding INR  1  crores  from bank accounts in a financial year •  Buyback tax to be applied on buyback by listed companies post 5 July 2019 •  SEBI to mull increase in minimum public shareholding for listed entities from 25% to 35% •  TDS of 5% In the case of INDL or HUF (not audited) for payment of Contractual or Professional fees in a year exceeding 50 lakh rupees Individual Taxation •  PAN and  Aad