Tripura Gramin Bank earns 10% profit

Agartala: Tripura Gramin Bank, the fast-growing rural bank of the state, has recorded a 10% profit in the last financial year and the volume of business spiked to Rs 12,398.55 crore in March this year, which was Rs 11,271.92 crore last year. The bank also reported a significant rise in its operating profit to Rs 153.04 crore, with a net profit of Rs 27.92 crore in 2023-24, reports Biswendu Bhattacharjee.

Canara Bank Q4FY24 net profit rises 18% to Rs 3757 crore

Canara Bank's Q1 2024 profit reaches Rs 3,757 crore, up 18.3%. CEO Raju attributes growth to strategic focus and digital advancements, with plans to divest stakes in insurance and mutual fund arms.

Indian Bank reports 55% growth in Q4 FY24 net profit

Indian Bank's net profit soared 55% to Rs 2,247 crore in Q4, with strategies to address NPAs by selling Rs 500 crore in FY25, building on a Rs 450 crore sale in FY24.

Kotak Bank sees Rs 300-500 crore hit to profit from RBI curbs

Kotak Bank faces profit impact due to RBI's digital onboarding ban. Emphasis shifts to risk, resilience, and capacity. UPI transactions rise, Q4 FY24 profit at Rs 4,133 crore. CEO Vaswani highlights growth post Uday Kotak's exit.