Sharnik Agarwal’s Post

Agibank’s 3Q23 results are out! I am so glad to be part of this team and much happier to share this moment in my career, once more we are releasing a tremendous result and showing how profitable our business model is. - Highest quarterly net income ever, reaching R$ 137 million, with R$ 284 in 9M23 - Annualized ROAE of 31% - Credit portfolio grew 3x the market’s pace, reaching more than R$ 14 billion (+52% YoY) - Better delinquency ratios (- 50 bps QoQ on NPLs) and the expansion of coverage ratio to 132.5% - 2.5 million active clients, with an average of more than 5.0 products per accountholder - Operating Efficiency Ratio (OER) reached 55.8% in 3Q23, a significant improvement from previous year’s 64.5% - Capital Adequacy Ratio was 13.7%, keeping the Bank at comfortable levels of capital and liquidity Agibank ri.agibank.com.br

In the words of Ms. Gauri Sawant, our Head of Business Risk and Control, find out why being a part of RBL Bank is a source of pride. Uncover the values that unite us and drive our success!    #RBLWayofLife #Campusprogram #ApnoKaBank #RBLBank 

RBL Bank, founded in 1943, is a private sector bank in India. 🌐 With a focus on personalized banking, it offers a range of financial products and services. 💳 Known for its innovative approach, RBL Bank caters to retail, corporate, and agricultural clients, fostering financial inclusion and growth. 🚀 ✅ Breakout & Confirmation: Bullish signal on the long-term chart with a breakout from a 3-year consolidation zone. ✅ Above 100-Day EMA (Weekly): Sign of strength and positive trend on a higher timeframe. ✅ Breakout from 6-Month Consolidation: Indicates a shift in momentum and potential upward movement. #InvestSmart #MarketInsights #WealthCreation #StocksToWatch #InvestmentStrategies #FinancialFreedom #ProfitableDecisions #MarketMomentum #CapitalGrowth #GrowthOpportunities #MoneyMoves #MarketLeaders #FinancialGains #InvestmentExcellence #MoneyManagement #mutualfunds #financialfreedom #finance #StockToWatch #StocksToWatch #RBLBank

I am not sure if you are a fan of watching movies in Theaters but Axis Magnus was the only card to give BOGO up to INR 500 for 5 times in a month. Making it a perfect choice for a Group & Family movie plan. From 20th April 2024, this will be discontinued. Airport lounge based on previous 3-month spending is also a big turnoff, especially for a sub-premium credit card. Another devaluation and probably the final nail in the coffin for the Magnus credit card. Aly Hajiani Ankush Dixit recommend a card!!! A few alternatives I could find for movies is RBL Play, IDFC Wealth, ICICI Emerald, AU Zenith+ but none of them are single-handedly able to match the Magnus Movie ticket offer. #creditcardlife #creditcards

We've just released Agibank's 3Q23 results! 💙💚 Once again Agibank comes to show how profitable and sustainable its business model is, centered on making people's daily lives better by acquiring our customers' principality to offer the best deals available. - Highest quarterly net income ever, reaching R$ 137 million, with R$ 284 in 9M23 - Annualized ROAE of 31% - Credit portfolio grew 3x the market’s pace, reaching more than R$ 14 billion (+52% YoY) - Better delinquency ratios (- 50 bps QoQ on NPLs) and the expansion of coverage ratio to 132.5% - 2.5 million active clients, with an average of more than 5.0 products per accountholder - Operating Efficiency Ratio (OER) reached 55.8% in 3Q23, a significant improvement from previous year’s 64.5% - Capital Adequacy Ratio was 13.7%, keeping the Bank at comfortable levels of capital and liquidity Agibank ri.agibank.com.br

I am very proud to see the NAB full year results today and the contribution small business has made. Following strong lending growth in FY22, overall business lending balances rose a further 8% over FY23, including 24% growth in Small Business lending. NAB’s Business and Private Banking, is leading the SME business lending market share and continuing to deliver growth through a relationship-led approach increasingly enabled by digital, data and analytics. Highlights of how NAB Small Business is supporting small business customers: - Over 2 million calls from small business customers answered. - Proudly supporting a 62,000 net increase in new small business customers being the fastest growing small business bank in Australia. - Small business bankers are in 500 plus locations across the country. - Investment in our digital banking channels making desktop digital banking for small business customers easier. - Providing better business lending experiences with digital business lending platforms such as Quickbiz giving small business customers access to unsecured lending within minutes. - Helping small businesses plan for a more sustainable future with the launch of Greener for Business, a simple digital platform allowing customers to better understand and reduce carbon emissions. - Continued focus on our key market differentiation where our bankers look after the business and personal needs of small business owners holistically, ensuring that we minimise risks for our customers. The full NAB results are available here; NAB announces 2023 Full Year Results - https://news.nab.com.au/ My team and I are looking forward to delivering more to our customer in the coming year! NAB #smallbusiness

Jefferies maintains 'buy' call on IDFC First Bank, sees 22% upside #Jefferies #IDFCFirstBank #MoneyControl #ETMarket #ZeeNews #Mint @tradingtech1 Shares of IDFC First Bank will be in focus after Jefferies maintained a 'buy' call on the counter as analysts see multiple levers from its credit cards business and assigned a target price of Rs 100 per share, implying an upside of 22 percent from the current levels. So far this year, the stock of this private sector lender has declined over 6 percent, underperforming a 2.4 percent rise in the benchmark Nifty. Earlier, IDFC First Bank shares had hit 52-week high of Rs 100 per share on September 5, 2023.

RBL Bank Q4 results: Standalone PAT jumps 30% YoY to Rs 353 crore RBL Bank reported a net profit growth of 30% to Rs 353 crore for the quarter ended March 31, 2024 as against Rs 271 crore reported by the lender in the year ago period. The profit after tax (PAT) jumped 51% on the quarter-on-quarter basis versus 233 crore posted in the October-December quarter. #rblbank #Q4Results #Q4FY24 #q4 #shares #stockmarket #sharemarket #stockmarketinvesting #sharemarketinvesting #stockmarketindia #directusinvestments

RBL Bank Q4 results: Standalone PAT jumps 30% YoY to Rs 353 crore RBL Bank reported a net profit growth of 30% to Rs 353 crore for the quarter ended March 31, 2024 as against Rs 271 crore reported by the lender in the year ago period. The profit after tax (PAT) jumped 51% on the quarter-on-quarter basis versus 233 crore posted in the October-December quarter. #rblbank #Q4Results #Q4FY24 #q4 #shares #stockmarket #sharemarket #stockmarketinvesting #sharemarketinvesting #stockmarketindia #directusinvestments