Banking Industry Records INR 3 Lakh Crore Profit in FY24
The banking sector in India grew by a staggering 39% in FY24. The net profits of the banking companies swelled from INR 2.2 lakh crore in FY23 to INR 3 lakh crore in FY24. It was the first time in the sector’s history that it has ever crossed the benchmark of 3 lakh crore. The…