
The bank’s pre-provisioning operating profit (PPOP) saw a muted 4% y-o-y growth to Rs 183 crore as its non-interest income…
On a consolidated basis, net profit increased to Rs 3,400 crore from Rs 2,168 crore.
Total income of the lender during the July-September quarter of FY23 rose to Rs 510 crore against Rs 421 crore…
The lender improved its asset quality, with the gross non-performing assets (NPAs) coming down to 5.31 per cent of the…
The Net Interest Income (NII) during the period increased by 13 per cent to Rs 35,183 crore from Rs 31,184…
In value terms, the gross NPAs (bad loans) of the Delhi-headquartered bank stood at Rs 7,128.45 crore by the end…
Private and public sector banks across the country will remain closed for up to 9 days in the month of…
It is also planning to launch its own proprietary credit card, scale up tie-ups for bancassurance and increase partnerships with…
Operating profit saw a 10.82% decline as the lender took a hit on treasury income, which led to a 16.68%…
The numbers came in ahead of the Bloomberg estimate of Rs 4,277 crore.
Decision to come into effect from April next year to mitigate impact
The lender had also vetted the acquisition of 20% stake in the ARC.
Over time, floating rate FDs might pick up as more and more people get to know about it, Sitaraman said.
After a somewhat modest June quarter, Fino Payment Bank has done better in Q2FY23, posting a sequential gross revenue growth…
Domestic revenues of the bank during the second quarter stood at Rs 4,794.76 crore while international revenues stood at Rs…
Its total income on a consolidated basis rose to Rs 43,927 crore in the said quarter from Rs 38,603 crore…
PNB’s credit growth hit as much as 12.8% in the September quarter from a year before, prompting the bank to…
The recovery target is of Rs 32,000 crore for the current fiscal year and it comes at around Rs 8,000…