In the last two policies, the RBI had increased the repo rate by 90 basis points. Many banks have increased their loans from May to July this year. Many lenders link their lending rates to the repo rate.
Kotak Mahindra Bank’s NII (interest income and expense differentiation) for the October-December period increased by 12% year-over-year to Rs 4,334 million. Net banking margin increased from 4.36% to 4.62% in the reporting quarter.
ASIAN PAINTS: On Tuesday, Asia Pigments posted a consolidated net income of Rs 5,685 crore after low-interest rates rose 78.9% year on year to Rs 1,016.93 crore in the June quarter, compared to Rs 568.50 crore in the same period. last year…
Strictly Necessary Cookies
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.