Latest News | Unity Small Finance Bank Q2 Profit Rises 36 Pc to Rs 187 Cr

New Delhi, Oct 30 (PTI) Unity Small Finance Bank on Wednesday reported a 36 per cent rise in its profit to Rs 187 crore in the second quarter ended September 2024.

The lender had earned a net profit of Rs 138 crore in the same quarter in the previous financial year.

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Total income increased to Rs 640 crore during the quarter under review against Rs 361 crore in the same quarter last year, the bank said in a statement.

Its net interest income grew to Rs 320 crore over Rs 232 crore in FY24.

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The capital adequacy ratio of the bank promoted by Centrum Group stood at 29 per cent, it added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)