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Ally Financial is cheaper than in previous years but offers limited upside. Click here to see why ALLY stock is a Hold.
With a total capital ratio of 20% and a CET-1 ratio of 17.5%, the bank had sufficient growth capital, he said. The bank sold Rs 35,000 crores of loans in nine months. Mortgages grew 10% year-on-year.
Noninterest expenses increased to $1.42 billion, driven by seasonal factors in salaries and benefits, but efficiency ratio rose to 60.5%. Ken Houston, Autonomous Research, inquired about deposit ...