Tag: FY24
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ICRA revises upwards FY24 GDP growth forecast to 6.5%
Earlier this month, the RBI had revised upwards its GDP estimate to 7% from 6.5% Domestic rating agency Icra on Monday revised its FY24 GDP growth forecast to 6.5 per cent from 6.2 per cent earlier. However, the revised forecast is still much lower than the Reserve Bank of India’s (RBI’s) 7 per cent real…
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Ujjivan Small Finance Bank announces its Q2 FY24 results
Growing Bigger & Stronger Consistently NII at ₹ 823 crore up 24% Y-o-Y; PAT at ₹ 328 crore up 11% Y-o-Y Disbursed ₹ 5,749 crore / ₹ 11,033 crore in Q2FY24/H1FY24; Gross loan book up 27% Y-o-Y Asset quality continues to be healthy with GNPA/NNPA at 2.2%/0.09% & PAR at 3.7%; Deposits at ₹29,139 crore…