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Wednesday, November 13, 2024

At Rs 85,5oo crore, PSU banks log highest ever half-year profit

Indian public sector banks witnessed a surge in profitability during the September quarter, posting a combined net profit of Rs 45,545 crore, marking a 35.4% year-on-year increase. This impressive performance was largely attributed to improved asset quality and robust credit growth.

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/eyhNxrv

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