Major banking results drive market moves today. RBL Bank reported full-year net profit of 822 crore rupees, up from 695 crore, with gross NPAs nearly halved to 1.45 percent. The bank's loan portfolio expanded significantly to 114,232 crore while deposits surged to 139,018 crore. Provisions fell sharply, supporting bottom-line growth. AXIS Bank, IDFC First Bank, India Cements, SBFC Finance, and UCO Bank also announce quarterly results today. Market indices showed weakness with SENSEX down 999 points and NIFTY declining 275 points. Gold prices gained 1,014 rupees while crude oil fell 345 rupees. Investors should monitor these earnings announcements closely as they provide insight into banking sector health and economic momentum heading into the new fiscal year.
