News Overview

Deposits increased 15% year-on-year to Rs 3.47 lakh crore and 3% sequentially.

RBL Bank said that, for the quarter ending June 30, 2023, "Retail advances climbed 32% YoY while wholesale advances grew 8% YoY. The ratio of advances to retail to wholesale was roughly 56:44.

A Swiss auction was used to sell the loan because it promotes transparency and maximizes asset value through competitive bidding.

SAMIL will acquire an 81 % stake in Yachiyo's 4W business, while Honda will retain a 19 % stake

The company also offers an extensive selection of jewellery crafted from silver, platinum, precious and semi-precious stones, and various other metals.

After rising $1.60 on Tuesday, Brent crude was down 14 cents, or 0.2%, at $76.11 a barrel.

Deposits increased 19.2% year-on-year to Rs 19,13,000 crore in Q1FY24.

The rupee opened at 82.05 against the dollar, down 3 paise from the previous close of 82.02

According to a statement released on Tuesday, these applications were deemed unsuitable for obtaining in-principal approval to establish small financing institutions.

The two industrial power companies' relationship, which began in July 1986, is being extended with the signing of the deal.