Bank's operating profit jumped to Rs 3,652 crore, up by 74 per cent year-on-year (YoY) and by 8 per cent sequentially
Read MoreTotal Business of the Bank reached Rs 369581.25 crore registering a growth of 16.89 per cent as on 31st December 2022
Read MoreClimate trends have a direct bearing on the economy and resultantly have an impact on financial institutions and systems, said Rajeshwar Rao, Deputy Governor, Reserve Bank of India
Read MoreThe Monetary Policy Committee (MPC), consisting of three members from the RBI and three from outside, raised the policy rate, or repo rate, to 6.25 per cent by a majority decision
Read MoreThe MPC raised the key lending rate or the repo rate to 6.25 per cent in a majority decision
Read MoreThe central bank's outlook, which will accompany the rates decision, will be an important pointer to future policy moves
Read MoreThe amount raised through bonds will be utilized in enhancing long-term resources for funding infrastructure and the affordable housing segment
Read MoreThe expectations for a more modest rate rise follow a series of 50 basis point hikes by the RBI, and coincides with expectations that the US Federal Reserve will shift to smaller rate rises at its policy meeting this month
Read MoreThe bank will open more than 550 new branches across the country in this fiscal.
Read MoreIn the quarter ended September 2022, total operating income grew 53.97 per cent to Rs 993.18 crore from Rs 645.04 crore in the previous quarter ended September 2021
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