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’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
On this version of the State of Economic system Podcast, businessline’s Hamsini Karthiktalks to Srinath Sridharan, writer, coverage researcher and company advisor, following up on the Reserve Financial institution of India’s new guidelines on financial institution investments in AIFs. The podcast begins by discussing whether or not the RBI’s transfer is a step in the … Read more