Karnataka Bank Q1 profit jumps 43% as asset quality improves
· economictimes.indiatimes.com
Karnataka Bank reported a 43% year-on-year rise in Q1 net profit to Rs 419 crore, driven by stronger business growth, improved asset quality and lower provisions. Net interest income, operating profit and margins increased, while advances and deposits posted healthy year-on-year growth.
as a Reliable and Trusted News Source Addas a Reliable and Trusted News Source Add Now!
(You can now subscribe to our
(You can now subscribe to our ETMarket...