Saturday, August 5, 2023

BANKING

Net profit increased to Rs 4,070 crore in the quarter ended June 2023 from Rs 2,168 crore a year ago, largely due to a 24% increase in net interest income (NII) supported by a brisk growth in retail loans, which grew by 25%. Fee income increased 18% year-on-year to Rs 1,507 crore in the quarter.

from Banking/Finance-Industry-Economic Times https://ift.tt/4AP02pD
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