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Yes Bank Q1 net profit surges 46.7% on lower provisions

Private sector lender Yes Bank on Saturday reported a 46.7 per cent growth in net profit to Rs 502 crore for the June 2024 quarter, helped by a reduction in provisions. Photograph: PTI Photo from......

'MSMEs, mid-corporate will be focus for loan growth'

'As these segments are growing at 25 per cent for the last three years, credit quality has been extremely good.' At a time when most lenders are focusing on growing their retail loan portfolio,......

Yes Bank Q4 profit doubles to Rs 452 crore

Yes Bank on Saturday reported over two-fold jump in standalone net profit at Rs 452 crore for March quarter 2023-24, primarily due to benefits on the provision front. Photograph: PTI Photo from......

RIDF deposit, lending rates snipped by 2%

The Reserve Bank of India with the approval of the Government of India, has reduced the deposit and lending rates under the Rural Infrastructure Development Fund by 200 basis points (2 per cent)......

Rajan frowns on 'subsidising' foreign education loans

Calls for a rethink on why some sectors should get more easy credit than others Calling for a re-think on easy credit, RBI Governor Raghuram Rajan has said banks are actually subsidising student......

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News for Ridf

Yes Bank Q1 net profit surges 46.7% on lower provisions

'MSMEs, mid-corporate will be focus for loan growth'

Yes Bank Q4 profit doubles to Rs 452 crore

RIDF deposit, lending rates snipped by 2%

Rajan frowns on 'subsidising' foreign education loans

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