BANK NIFTY

ESAF Small Finance Bank reports28.07% increase in operating profit
By NewsByts Team
0 Comments
Banking, Business, , ,

ESAF Small Finance Bank reports28.07% increase in operating profit

Kochi: Kerala-based social bank, ESAF Small Finance Bank has recorded a 28.07 % increase in its operating profit for the year ended March 31, 2021. The Operating profit increased from 324.70 crores to 415.84 crores despite the challenges faced during the year. Deposits have grown by 28.04% from ` 7028 Crore as at 31 March 2020 to ` 8999 Crore for the year ended 31 March 2021. Total CASA improved to ` 1748 Crores from ` 960 Crores marking a growth of 81.99% over the same period last year. CASA proportion to Deposits also significantly improved…
Read More
Green Signal makes Sense Bullish: New All Time High on Cards.
By NewsByts Team
0 Comments
Business, Companies, , , ,

Green Signal makes Sense Bullish: New All Time High on Cards.

The market remained in a strong uptrend with the benchmark indices hitting fresh record highs on November 10, backed by banking and financials and consistent FII inflow. Positive global cues following further progress on the COVID vaccine front also lifted sentiment.The BSE Sensex surged 680.22 points or 1.60 percent to end at a record closing high of 43,277.65, while the Nifty50 rallied 170.10 points or 1.37 percent to 12,631.10 and formed a bullish candle on the daily charts. The indices climbed over 8 percent in seven consecutive…
Read More
No widgets found. Go to Widget page and add the widget in Offcanvas Sidebar Widget Area.