Punjab National Bank on Monday reported its highest-ever quarterly profit, posting a 13 per cent rise in net profit to Rs 5,100 crore for the October-December quarter, driven by a significant improvement in asset quality.
Sequentially, Ujjivan Small Finance Bank's net profit increased nearly 45 per cent from Rs 203 crore in the quarter ended June 2022. In the reviewed quarter, total income rose 63 per cent to Rs 1,139.83 crore, against Rs 699.74 crore in the year-ago period.
In the lender's statement, SBI said its net interest income grew 12.8 per cent to Rs 35,183 crore. Home loan portfolio grew 14 per cent to Rs 5.94 lakh crore and accounted for more than half its retail portfolio of Rs 10.7 lakh crore. It also said corporate loans surged 21 per cent year on y
New Delhi [India], Jan 17 (ANI): Reliance Industries Limited (RIL) on Friday said to have posted the net profit of Rs 11,640 crore, the highest quarterly profit ever, in the third quarter of the current financial year.