The Mumbai-headquartered bank has posted 9 per cent growth in its total revenue to Rs 1,648 crore. Net interest income (NII) grew 16 per cent year-on-year to Rs 1,064 crore while net interest margin (NIM) was at 4.55 per cent.

Operating profit of Central Bank of India increased to Rs 1,748 crore from Rs 1,445 crore in the year-ago period due to an increase in total interest income by Rs 661 crore Mumbai: The Central Bank of India on Thursday posted a jump of 27.20 per cent in its net... The post appeared first on .

Operating profit of Central Bank of India increased to Rs 1,748 crore from Rs 1,445 crore in the year-ago period due to an increase in total interest income by Rs 661 crore Mumbai: The Central Bank of India on Thursday posted a jump of 27.20 per cent in its net... The post appeared first on .

Operating profit of Central Bank of India increased to Rs 1,748 crore from Rs 1,445 crore in the year-ago period due to an increase in total interest income by Rs 661 crore Mumbai: The Central Bank of India on Thursday posted a jump of 27.20 per cent in its net... The post appeared first on .

Operating profit of Central Bank of India increased to Rs 1,748 crore from Rs 1,445 crore in the year-ago period due to an increase in total interest income by Rs 661 crore Mumbai: The Central Bank of India on Thursday posted a jump of 27.20 per cent in its net... The post appeared first on .

Mumbai (Maharashtra) [India], October 20 (ANI): The Central Bank of India on Thursday posted a jump of 27.20 per cent in its net profit at Rs 318 crore for the quarter ended September 30 against Rs 250 crore in the year-ago period.

Bengaluru (Karnataka) [India], May 13 (ANI/NewsVoir): Ujjivan Small Finance Bank Ltd. (BSE: 542904; NSE: UJJIVANSFB), today announced its financial performance for the quarter and year ended March 31, 2022.

Mumbai Maharashtra Bangalore Karnataka India Business Wire India The Banks highest ever quarterly disbursement in FY22 Q4 14 per cent rise to INR 4870 crore coupled with quarterly improvement in asset quality parameters PAR at 96 per cent down from 149 per cent GNPA reduced to 71 per cent from 98 per cent as at December 31 2021 Collection Efficiency at 100 per cent at March 2022 Ujjivan SFB has reported a steady overall growth in Deposits Gross Advances and a significant improvement in asset quality with improved collection efficiency and reducing GNPA Portfolio at Risk PAR0 during the January to March 2022 Quarter The Bank has reported the highest ever quarterly disbursement for Q4 FY22 growing 14 per cent YoY to INR 4870 crore The Banks Advances during the quarter registered a growth of 20 per cent Y-o-Y to INR 18162 crore with Microbanking segment growing 14 per cent Y-o-Y to INR 12344 crore Affordable Housing and MSE loan book continued to witness traction with 334 per cent and 3295 per cent rise to INR 2734 crores and INR 1710 crores respectively The Banks Total Deposits jumped to INR 18287 crore witnessing a 392 per cent Y-o-Y growth and 175 per cent Q-o-Q growth The Bank saw a rise in its Retail Deposit franchise signifying growing retail interest posting a 589 per cent growth to INR 9921 crore as on March 31 2022 The CASA portfolio registered 848 per cent Y-o-Y rise to INR 4987 crore as on March 31 2022 Consequently CASA Ratio has risen to 273 per cent as on March 31 2022 from 205 per cent a year back and 265 per cent as on December 31 2021 There has been a significant improvement in asset quality parameters with Portfolio at Risk PAR on a declining trend reducing month on month from 133 per cent in January 2022 to 126 per cent in February 2022 to 96 per cent in March 2022 Steady reduction in GNPA from 94 per cent in January 2022 to 71 per cent in March 2022 The Collection efficiency has progressively improved from 97 per cent in January 2022 and touched 100 per cent for the month of March 2022 and remains strong with persistent focus on stressed buckets and reducing incremental overdue PWR PWR

Mumbai (Maharashtra) [India], March 30 (ANI): Axis Bank, the country's third-largest private sector lender, on Wednesday said it will acquire Citibank's India consumer banking businesses covering loans, credit cards, wealth management and retail banking operations for Rs 12,325 crore.

Amidst the Afghanistan power crisis, the nation signed a new contract with Tajik Electricity, Tajikistan’s power company for extending electricity imports from 2022. Here’s all about it. All about the Afghanistan power crisis Since the Taliban regime began, Afghanistan is facing a wide range of issues. Among them, electricity is a major concern. The lack […]