Sequentially, the lender's net profit was down 8 per cent from ₹2,349 crore in Q4FY24.
Its net interest income (NII) grew 11 per cent Y-o-Y at ₹5,408 crore in Q1 while other income increased 10 per cent to ₹2,441 crore during the same period. Net interest margin - a measure of profitability of banks - was flat at 4.25 per cent in Q1.
Diese Geschichte stammt aus der July 27, 2024-Ausgabe von Business Standard.
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Diese Geschichte stammt aus der July 27, 2024-Ausgabe von Business Standard.
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L&T bags over ₹15,000 cr NTPC order for thermal power plants
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States' borrowings at 60% of Dec target
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It's clear the PV market in India won't grow fast
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RIL to invest ₹65K cr in 500 CBG plants in Andhra Pradesh
Foundation for this maiden biofuel project in the state will be laid on December 28 at Kanigiri in Prakasam district
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Hyundai PAT down 16°Io in lst results after listing
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Pent-up demand for cars now over; growth will be only 3-4%
Last week, Maruti Suzuki launched the e Vitara in Milan, heralding its entry into the electric vehicle space, even as overall domestic market sales were muted after a two-year dream run. R C BHARGAVA, chairman of the company, discusses the reasons for the slowdown and their strategy in the EV market in an interview with Surajeet Das Gupta in New Delhi. Edited excerpts:
