- MARGINALLY MISSES STREET EXPECTATIONS
The lender, the country's fifth-largest by market capitalisation, marginally missed the market expectations as Bloomberg analysts expected the bank to post a ₹6,117-crore net profit.
Operating expenses surged 32% to ₹8,946 crore for the quarter under review, compared with ₹6,754 crore in the same quarter a year ago.
Commenting about operating expenses, Puneet Sharma, chief financial officer, said in a conference call that the lender has been making these investments as part of transforming its business. "This is the right time to make these investments."
Net interest income, the difference between interest earned and paid, rose 9% to ₹12,532 crore, from ₹11,459 crore in the same quarter of the previous fiscal.
この記事は Financial Express Mumbai の January 24, 2024 版に掲載されています。
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この記事は Financial Express Mumbai の January 24, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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