Published 15:54 IST, August 20th 2024
SCBs report slower NII growth in Q1FY25 amid rising deposit costs
SCBs recorded a robust 18.1per cent y-o-y increase in advances during Q1FY25, primarily driven by mergers and strong demand for personal loans.
![UCO Bank](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/WhatsApp-Image-2023-11-03-169900238695916_9.webp)
Net Interest Income (NII) surges 8.3% annually to Rs 1,917 crore | Image:
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15:54 IST, August 20th 2024