FINANCIAL RESULTS FOR THE YEAR/QUARTER ENDED 31st MARCH 2024



                               Key Highlights 
                 (March 2024 V/s March 2023)
8 May 2024: 
Global business stood at Rs. 22,72,968 cr grew by 11.31%.
Gross Advances stood at Rs. 9,60,602 cr grew by 11.34%.
Global Deposit stood at Rs. 13,12,366 cr grew by 11.29%.
Net-Interest Income grew by 11.18%.
Net Profit stood at Rs. 3,757 cr grew by 18.33%.
Return on Assets stood at 1.01% improved by 20 bps.
Provision Coverage Ratio (PCR) at 89.10% improved by 179 bps.
Credit Cost at 0.96% down by 21 bps.
Gross NPA Ratio stood at 4.23% down by 112 bps.
Net NPA Ratio stood at 1.27% down by 46 bps.
RAM Credit grew by 13.52%.
Retail Credit grew by 11.68 % with Housing loan at 10.81 % and Vehicle loan at 14.03%.
Agriculture & Allied grew by 18.69% with Portfolio amount of Rs.2,53,206 cr.
Net Interest Margin stood at 3.05% improved by 10 bps.
Return on Equity stood at 22.06% improved by 257 bps.

The Board of Directors has recommended a dividend of Rs. 16.10 per equity share (i.e.161% of face value of Rs 10 per share) for the year ended on 31.03.2024 subject to requisite approvals.




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