Its operating expenses surged 12.97 per cent to Rs 3,639.93 crore in the reviewed quarter, against Rs 3,221.85 crore in the corresponding period the previous year
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According to a statement, CASA is at 49 per cent excluding the deposit mentioned above and loans and advances up 24 per cent at Rs 1,60,599 crore
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Net interest margins (NIM) for the reviewed quarter was 2.98 per cent, expanding by 13 bps from 2.75 per cent in the March quarter but down by 23 bps from 3.21 per cent in the third quarte
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Persistent inflationary pressures, volatility in global financial conditions, and a slowdown in major advanced trading partners continue to weigh on its growth, foreign currency reserves, and its currency Taka
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According to the statement shared with exchanges, net interest income (NII) — the difference between interest earned and expended — was Rs 8,251 crore which came from 17.92 per cent from NII of Rs 6,769 crore in the year-ago period but down by 4.38 per cent from Rs 8,628 crore in the third quarter of FY23
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The SVB-led crisis, Damodaran claims, “looks like a slow-motion car wreck” but lacks the “systemic consequences of previous crises”
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The move is part of the lender’s new programme targeting customers in semi-urban and rural areas, helping the bank meet some of its Priority Sector Lending (PSL) targets
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The latest hike was the same size as its previous rate increase in the March meeting and marked the tenth straight rate hike
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