The Board of Directors of RBL Bank Limited approved the unaudited financial results for the quarter ended 30th Sep 2023 at its meeting held on Saturday, 21st Oct 2023. Results Summary for Q2FY24 Strong Operating Performance: o Net Profit grew 46% YOY & 2% QOQ to `294 crore o ROA of 1.00% vs 0.77% for Q2 FY23 o Operating profit grew 43% YOY & 13% QOQ to `731 crore o Total Revenue grew 24% YOY and 3% QOQ to `2,179 crore o Net Interest Income grew 26% YOY and 4% QOQ to `1,475 crore; NIM was 5.54% vs 5.02% for Q2 FY23 o Other Income grew 21% YOY and 3% QOQ to `704 crore o Cost to Income was 66.5% vs 69.3% for Q1 FY24 and 70.8% for Q2 FY23 o During the quarter ended September 30, 2023, the Bank received income tax orders relating to matter under appeal resulting in write-back of tax provision for…
CRC Group’s Friendly Cricket Match Unites Growth Partners in The Flagship Cricket League 2023
CRC Group, NCR’s leading real estate developer, hosted a friendly cricket match- “The Flagship Cricket League 2023”, at the OP Sports Cricket Ground in Sector 127, Noida. The event was organised as an engagement activity to foster a sense of camaraderie among the brand’s growth partners. The match was held between two teams, Spark Strikers and Phoenix Flyers, who displayed immense zeal in scoring their…
Gujarati heartthrob Malhar Thakar Unveils Manubhai Jewellers’ Utsavi Collection
21st Oct 2023, Borivali Mumbai: Gujarati superstar Malhar Thakar announced the launch of an exquisite gold collection – Utsavi Collection at their flagship store in Borivali on 20th Oct 2023. The Utsavi Collection is a tribute to the ‘utsav’ or celebration that life truly is. It is a reflection of the happiness that jewelry can bring to our lives, the stories it carries, and the…
Nestlé India achieves milestone of crossing INR 5,000 crore turnover in a quarter
Bengaluru, October 21, 2023 : The Board of Directors of Nestlé India today approved the results for the third quarter of 2023.Commenting on the results, Mr. Suresh Narayanan, Chairman and Managing Director, Nestlé India said, “I am pleased to share that we have, yet again, delivered consistent performance almost across all major brands. Domestic sales grew double digit, on account of mix, volume and price.…
Hero Motocorp Inaugurates Its First State of the art Premium Dealership in India
Bengaluru, October 21, 2023: Heralding a new era of premium customer experience, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, today inaugurated its first premium dealership ‘Hero Premia’ in the vibrant city of Calicut, Kerala. Situated in the Auto hub in Calicut, Hero Premia will play an instrumental role in creating an unrivalled premium sales and service experience for its discerning customers. Promising…
Dandiya celebrations held on 8th day of ‘Hunar Mahotsav Expo’
Secunderabad, 21 October 2023: Dandiya celebrations were held successfully as part of the Devi Navratri on the 8th day of Hunar Mahotsavam at Gymkhana Grounds near Secunderabad on Friday. Young men, women and children from the twin cities enjoyed the performances of dance troupes at the event. People who attended the Hunur Mahotsav, enjoyed the ballet and took part in the programme. Dandiya Exquisite indigenous…
Inorbit Mall Vashi Kicks Off Navratri Celebrations with Grand Dandiya Raas Event
Navi Mumbai(S.N) – Festivity is in the air has now reached your friendly neighbourhood mall – Inorbit Mall, Vashi. With Navratri celebrations in full swing, the mall is gearing up to bring the essence of this joyous festival through the vibrant and traditional dance form – Dandiya. Get ready to dance to exhilarating beats as Inorbit Mall Vashi announces Dandiya Raas scheduled for October 21…
Blue Dart’s announces ‘Diwali Express’: Offers discounts on Domestic & International Shipments
New Delhi/Hyderabad/Mumbai, 21st October’23: Blue Dart Express Limited, the leading express air transportation, integrated logistics, and distribution company in South Asia, is delighted to announce its ‘Diwali Express’ promotion, adding a touch of radiance to this festival. This special offer is valid between 20th October to 19th November 2023, providing customers with discounted rates on all Diwali gift shipments, whether destined for domestic or international…
Vistara announces daily non-stop flights between Delhi and Bali
Mumbai, 20 October 2023: Vistara, India’s finest full-service carrier and a joint venture of Tata group and Singapore Airlines, today announced daily non-stop flights between Delhi and Bali, starting 01 December 2023. This makes Vistara the only airline offering direct connectivity between the two cities currently. Vistara will be deploying its A321LR aircraft, with a three-class configuration, giving its customers the option to fly in…
53 percent of CMOs in India state that sustainability and environmental protection are essential components of their brand
Delhi, October 20, 2023 – Despite chronic crises, marketing executives are looking positive into the future: They feel confident about what is to come, tend to invest in long-term brand-building activities, and have few troubles securing their budgets. Data from the new GfK CMO Outlook Report shows how adept marketing leaders are with new technology like AI and real-time insights. But it’s not all sunshine…