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BreakingGovt Employees' DA Hike Likely Post-Dussehra: 3% Rise Expected1/6
Topicin Banking

Q1 Fy24 Results

Latest news, explainers and analysis on Q1 Fy24 Results. Tracking 1 stories on Arth Vani.

1 stories tracked

Connected in the graph

Banking Sector31Net Interest Margin7Private Banks14

Latest on Q1 Fy24 Results

Top Private Banks Like HDFC, Kotak See Thinner Profit Margins in June Quarter
Breaking
Banking

Top Private Banks Like HDFC, Kotak See Thinner Profit Margins in June Quarter

India's leading private sector banks, including HDFC Bank, Kotak Mahindra Bank, and Axis Bank, reported reduced net interest margins (NIMs) for the April-June 2023 quarter. This dip in profitability from core lending activities is primarily due to weaker demand for retail loans, pushing banks towards less profitable corporate lending.

91d ago·2 min readListen
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