Profit up by 91.88% YoY Operating Profit up by 19.80% YoY Global Business surpassed 20,00,000 crore
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Key Highlights (December 2021 V/s December 2022)
Global business grew by 13.63%, it crossed Rs. 20,00,000 cr milestone.
Net Profit stood at Rs.2882 cr against Net profit of Rs.1502 cr for December 2021.
Operating Profit stood at Rs. 6952 cr grew by 19.80%.
Gross Advances grew by 16.65%.
Gold Loan grew by 34.21% with Portfolio amount of Rs.1,15,286 cr.
Net-Interest Income grew by 23.81%
Non-Interest Income grew by 10.35%.
Fee based income grew by 13.02%.
Cost to Income Ratio down by 184 bps.
RAM Credit grew by 13.81%, it constitutes 54% of Total Advances.
Retail Credit grew by 11.30% with Housing loan at 15.81%.
Gross NPA Ratio stood at 5.89% down by 191 bps.
Net NPA Ratio stood at 1.96% down by 90 bps.
Provision Coverage Ratio (PCR) at 86.32% improved by 306 bps.
CRAR stood at 16.72% as at Dec 2022. Out of which CET1 is 11.45%.
Return on Equity stood at 18.38% improved by 630 bps.
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