Financial Results for the Quarter ended 30th June 2023
Financial Results for the Quarter ended 30th June 2023
Bank’s Global Business crossed ₹11 lakh Cr
Key Highlights (Quarter ended Jun’23 over Jun’22)
Net profit up by 41% YoY
Operating Profit up by 16% YoY
Net Profit up by 41% YoY at ₹1709 Cr in Jun’23 from ₹1213 Cr in Jun’22
Profit Before Tax up by 78% YoY at ₹2394 Cr in Jun’23 from ₹1345 Cr in Jun’22
Operating Profit grew by 16% YoY at ₹4135 Cr in Jun’23 from ₹3564 Cr in Jun’22
Net Interest Income increased by 26% YoY to ₹5703 Cr in Jun’23 from ₹4534 Cr in Jun’22
Fee based income grew by 7% YoY to ₹671 Cr in Jun’23
Cost-to-Income Ratio stood at22% in Jun’23
Domestic NIM improved to 61% in Jun’23 from 3.10% in Jun’22
Return on Assets (RoA) improved to 95% in Jun’23 from 0.73% in Jun’22
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