RBL Financial institution Q1 Outcomes: Web revenue grows 29% to ₹372 crore

Personal sector lender RBL Financial institution on Saturday reported a 29 per cent leap in internet revenue to ₹372 crore for the June quarter. The financial institution’s core internet curiosity revenue grew 20 per cent to 1,700 crore on the again of a 19 per cent rise in advances. Its internet curiosity margin was 5.67 … Read more

Kotak Mahindra Financial institution Q1 Outcomes: Web revenue soars 81% yoy to ₹6,250 crore

Kotak Mahindra Financial institution’s first quarter (Q1FY25) internet revenue soared 81 per cent year-on-year (yoy) to ₹6,250 crore, with the underside line being buoyed by ₹2,730 crore the Financial institution obtained from the sale of its majority stake in Kotak Normal Insurance coverage to Zurich Insurance coverage Group. The personal sector lender had reported a … Read more

Financial institution of Baroda plans to double its complete enterprise to ₹48 lakh crore in 5 years

Financial institution of Baroda (BoB) is planning so as to add extra heft to its stability sheet. India’s second largest public sector financial institution (PSB) is laying the groundwork to double its complete enterprise (deposits plus advances) to ₹48 lakh crore in 5 years. BoB’s complete enterprise stood at ₹24,17,464 crore as at March-end 2024. … Read more