Utkarsh Small Finance Bank share falls 1% despite strong Q1 numbers

Shares of Utkarsh Small Finance Bank fell nearly 1% to Rs 50.75 on August 9, although the bank released strong quarterly figures. Quarterly net profit increased 20.1% YoY to Rs 107.5 Rs crore, thanks to lower provisions and provisions. Net interest income – the difference between how much interest a bank earns and what it …

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