interest income

yes bank: Deposit growth improves at private banks in Q4, but at higher costs

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On a sequential basis, HDFC Bank, ICICI Bank, and Axis Bank reported a faster growth in deposits for the March quarter compared with the credit growth while IndusInd Bank and Yes Bank showed marginally lower growth in deposits than advances. Synopsis While these lenders were able to increase deposits at a faster clip during the … Read more

SBI Q3 results: SBI Q3 results: PAT down 35% at Rs 9,164 crore on one time exceptional item

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Leading public sector lender State Bank of India (SBI) reported a standalone net profit of Rs 9,164 crore which was down by over 35% from 14,205.34 crore reported by the state lender in the year ago period. The bank earned Rs 105,733.78 crore in interest income in the reported quarter which was up 22% from … Read more