The total income rose by 6% to $ 795 million in June 2024 in June 2024, from $ 753 million in June 2024, was shown half an annual results released by the bank on Thursday. Operating expenses a year ago turned to $ 442 million vs. $ 440 million versus $ 440 million.
The bank’s debt book in India shrunk from $ 14.79 billion to 8% a year ago. A year ago, the deposit from $ 27.26 billion also shrunk to $ 25.26 billion. The cost of total loss increased by 43% to $ 20 million from $ 14 million to a year ago.
India was the third largest contributor of the bank’s global contribution behind Hong Kong ($ 1.44 billion) and Singapore ($ 798 million). This is an improvement from the fifth place of the bank occupied behind the US and the UAE at the end of 2024.
Globally, the bank reported an increase of 26% in the first half pretax profit, which is inspired by the increase in bank money and market businesses. For the first six months of this year, the London-Tyro lender’s pretax profit was $ 4.38 billion, better than $ 3.83 billion analysts. Last month, Jambotale was helped in the total income of B2B Marketplace Solve India in profit of $ 238 million. The incubation was done by solve India Standard chartered enterprise,