Public sector banks (PSBs) registered more than double profit of Rs 34,774 crore for the first quarter ended June 2023.Which bank has posted the highest Net Interest Margin (NIM) of 3.86 percent during the quarter?
Public sector banks (PSBs) registered more than double profit of Rs 34,774 crore for the first quarter ended June 2023.During the April-June period of the previous fiscal, all 12 state-owned banks had recorded a total profit of Rs 15,306 crore. Pune-based Bank of Maharashtra posted the highest Net Interest Margin (NIM) of 3.86 per cent, followed by Central Bank at 3.62 percent and Indian Bank at 3.61 per cent during the quarter. The highest percentage growth was recorded by Punjab National Bank, which earned a profit of Rs 1,255 crore against Rs 308 crore in the same quarter of the previous year, a growth of 307 per cent. It was followed by the State Bank of India (SBI), which recorded a 178 per cent bottom line growth at Rs 16,884 crore and the Bank of India with a 176 per cent surge, earned Rs 1,551 crore profit.
What is the name of the banking service which is provided by a group of networked bank branches where customers may access their bank account and perfo...
In which of the following years, India took its first major step towards liberalisation?
Beneficiaries of which of the following scheme are covered under the PIDF scheme, irrespective of the region to which they belong?
Financial product under IFSCA Act 2019 does not include
Protection of paying banker against forged endorsement in Bearer Cheques is available under which section of NI Act?
Which one of the following is not a step introduced by John Kotter under “Kotter’s 8 Step Model of Change”?
Which of the following statements is correct if the demand function is D = 18-3P?
Which of the following is not a part of the Forex Reserves?
For up to how many years can the excess CSR spending be set off against the CSR expenditure of the succeeding financial years?
Recently RBI approved five banks to work with it on a pilot project for its digital currency -- the Digital Rupee, which of the following is not in the ...