The bank’s core net interest income grew 6.5 per cent to Rs 9,412 crore on the back of an 11.5 per cent growth in advances.
Its net interest margin narrowed by over 0.13 per cent to 3.05 per cent.
The other income increased 15.53 per cent to Rs 4,509 crore on healthy growth in the core fee income.
The net interest income and other income were down when compared to the March quarter, and the bank’s managing director and chief executive A Manimekhalai attributed the same to a general tendency for a softer first quarter in the industry.
Bu hikaye Millennium Post Delhi dergisinin July 21, 2024 sayısından alınmıştır.
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Bu hikaye Millennium Post Delhi dergisinin July 21, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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