Bank credit growth accelerated to 14.2% in the June quarter: RBI Data
The statistics showed that the credit-deposit (C-D) ratio has increased as credit growth has recently outpaced deposit growth.
JUNE QUARTER
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Bank of Baroda reports profit of Rs 1,209 crore in Q1
For the quarter, the total provisions and contingencies eased to Rs 4,111.99 crore from Rs 5,628 crore a year ago.
IDFC First Bank reports loss of Rs. 854 crore in June quarter
The loss is due to slippage in a Mumbai-based toll road account. The bank reported a net loss of Rs. 630 crores in Q1 FY22.
TVS reports highest quarterly revenue in international markets, operating revenue amounts Rs Rs 3,934 crore in April-June 2021 quarter
TVS has reported in the current quarter, PAT of Rs 53 crore as against a loss of Rs 139 crore in the first quarter of 2020-2021.