Banks’ non-interest income gets a boost from listing gains
- Posted on November 18, 2024
- By Financial Express
- 1 Views
Banks’ non-interest income gets a boost from listing gains
Many banks have aggressively invested in these IPOs, thereby boosting their non-interest income. Several major banks have reported an increase of 25-51% in non-interest income for the second quarter of the current financial year, coinciding with multiple IPOs that delivered over 60% returns on their listing day.
