Its internet curiosity margin for the quarter stood at 3.37% as in contrast with 3.44% earlier.
The financial institution board beneficial a dividend of Rs.16.25 per fairness share for FY25. That is on the price of 162.50% of paid up fairness capital of the financial institution. The report date for cost of dividend shall be June 10.
The financial institution’s working revenue for the quarter stood 17% greater at Rs 5019 crore as in contrast with Rs 4305 crore within the 12 months in the past interval.
Internet curiosity revenue rose 6% year-on-year at Rs 6389 crore. Different revenue was 21% greater at Rs 2743 crore.
Its asset high quality improved with gross non-performing property ratio falling 86 foundation factors to three.09% on the finish of the fiscal 12 months from 3.95% a 12 months again whereas its provision protection ratio rose 176 foundation factors to 98.10%.The Chennai-headquartered lender’s gross advances elevated 10% year-on-year to Rs 5.88 lakh crore on the finish of FY25, backed by a 13% rise in retail, agriculture and MSME advances, which cumulatively contributed 64.23% to the full portfolio.Its whole deposits rose 7% to Rs 7.37 lakh crore with the ratio of low-cost present and financial savings account deposit being at 40.17%.
The financial institution board accepted a plan to lift fairness capital as much as Rs.5000 crore and debt capital as much as Rs.2000 crore.
