India's banking sector reached a historic milestone with a net profit surpassing Rs 3 lakh crore in FY24. The combined profit of listed public and private sector banks surged by 39%, totaling Rs 3.1 lakh crore compared to Rs 2.2 lakh crore in FY23. This amount roughly equals the cumulative quarterly profits of all listed companies in the initial three quarters of the fiscal year. Read The Rest at :
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