Its business update for the December quarter (Q3FY25), which shows year-on-year growth of 13% and 15% in advances and deposits, respectively, has been met with muted reaction by the Street.
Investors are more worried about the slippages in credit card loans and microfinance loans.
As such, the bank's advances and deposits year-on-year growth was healthy in Q2FY25 at 15% and 20%, with a decent interest spread, i.e. the gap between the yield on advances and cost of deposits.
Denne historien er fra January 07, 2025-utgaven av Mint Bangalore.
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Denne historien er fra January 07, 2025-utgaven av Mint Bangalore.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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