Interest Income

RECENT NEWS
Reuters  Jul 26  Comment 
India's Yes Bank Ltd beat analysts' estimates for quarterly profit on Thursday, helped by higher interest income and growth in its corporate banking division.
Reuters  Jul 18  Comment 
India's Bandhan Bank Ltd posted a 47 percent surge in its quarterly profit on Wednesday, helped by higher interest income.
The Hindu Business Line  Jul 10  Comment 
IndusInd Bank on Tuesday announced a 24 per cent increase in its net profit in the first quarter of the current fiscal at Rs 1,036 crore.The private s
The Economic Times  Jun 8  Comment 
Stock brokers usually lend to clients either through their NBFC arms or from their own books.
The Hindu Business Line  Feb 1  Comment 
Raises limit of deduction for health insurance premium and medical expenditure to Rs 50,000 from Rs 30,000 under section 80D




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Interest income is the the income a company earns from interest on either its own assets or assets it holds in custody for clients.

Interest income is particularly important for asset-accumulating institutions such as banks, as they are depending on interest and investing income for their profitability.

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