Net interest income, which reflects earnings from lending operations, increased 16 percent on a year on year basis to ₹3,422 crore
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Net interest income, which reflects earnings from lending operations, increased 16 percent on a year on year basis to ₹3,422 crore
Company’s average CASA deposits came in at ₹2,07,955 Crore. This is higher by 4.90% against the previous quarter, and 9% annually.
Furthermore, the company said that on a quarterly average basis, total deposits for the quarter under review came in at ₹11.97 Lakh Crore.
The MoU was signed in the presence of Union MSME Minister Jitan Ram Manjhi. PhonePe said the facility will soon be made available on the PhonePe Business app.
The fundraising, if cleared, can be carried out in one or more tranches and will remain valid for one year from the date of the AGM resolution.
The stated approval is valid for a period of 1 year. The period of beginning is August 22, 2025, as per the company’s regulatory filing by Yes Bank.
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