Financial Results for the Quarter/Nine months
Financial Results for the Quarter/Nine months ended as on 31st December 2023
Bank’s Global Business reached ₹11.64 lakh Cr, up by 11% YoY
Net Profit up by 52% YoY at ₹2119 Cr in Dec’23 from ₹1396 Cr in Dec’22
Profit Before Tax up by 78% YoY at ₹2747 Cr in Dec’23 from ₹1546 Cr in Dec’22 Operating Profit improved to ₹4097 Cr in Dec’23 from ₹4061 Cr in Dec’22
Net Interest Income increased by 6% YoY to ₹5815 Cr in Dec’23 from ₹5499 Cr in Dec’22 Fee based income grew by 21% YoY to ₹852 Cr in Dec’23
Return on Assets (RoA) up by 31 bps to 1.11% in Dec’23 from 0.80% in Dec’22
Return on Equity (RoE) increased by 471 bps to 19.92% in Dec’23 from 15.21% in Dec’22
Yield on Advances (YoA) up by 59 bps to 8.78% in Dec’23 from 8.19% in Dec’22
Yield on Investments (YoI) increa...