Banking sector net crosses Rs 3 lakh crore for first time in FY24

Banking sector net crosses Rs 3 lakh crore for first time in FY24 - Qoneqt

Diksha D Jadhav in India

Banking sector net crosses Rs 3 lakh crore for first time in FY24

In FY24, the banking sectors net profit surpassed Rs 3 lakh crore, with public sector banks leading at Rs 1.4 lakh crore. Private sector banks and IT services also flourished due to enhanced balance sheets and improved performance. Reliance Industries, TCS, Indian Oil, ONGC, Infosys, and Bank of Baroda were notable in the profit landscape.

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17 Apr 12:27 PM

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