Higher operating profit, lower provision aid SCBs Q2 net profit: Report
According to the rating agency, the growth in the total income of 15.1% year-on-year (y-o-y) for the quarter was supported by high net interest income (NII). However, non-interest income dropped 1.1% due to a fall in mark-to-mark profit driven by hardening bond yields
Hemanth Kumar
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According to the rating agency, the growth in the total income of 15.1% year-on-year (y-o-y) for the quarter was supported by high net interest income (NII). However, non-interest income dropped 1.1% due to a fall in mark-to-mark profit driven by hardening bond yields
