In Covid year, banks see record profit of Rs 1 lakh crore

The banking sector has recorded its highest ever profits of Rs 1,02,252 crore in FY21, a year when the economy was battered by the pandemic. This is a significant turnaround compared to a net loss of nearly Rs 5,000 crore for the industry in FY19.

from Banking/Finance-Industry-Economic Times https://ift.tt/3dgcIHz