REC studies web revenue of ₹3,460 crore in Q1 FY25

State-run REC on Saturday reported a 17 per cent Yo-Y development in its consolidated web revenue at ₹3,460 crore in Q1 FY25 aided by development in all of the verticals, resetting of rates of interest on mortgage property and efficient administration of finance prices. Nonetheless, the facility sector non-banking monetary firm’s (NBFC) web revenue slipped … Read more

Financial institution of Maharashtra stories 47% soar in Q1FY25 internet revenue

Financial institution of Maharashtra (BoM) reported a 47 per cent soar in first quarter internet revenue at ₹1,293 crore on the again of wholesome development in internet curiosity revenue and non-interest revenue and sharp decline in provision for taxes. The Pune-headquartered public sector financial institution had reported a internet revenue of ₹882 crore within the … Read more