Banking Sector Records Over ₹3 Trillion in Net Profit for FY24; HDFC Bank, Axis, and Bank of Baroda Emerge as Leading Choices
Business
3 min read
113

Banking Sector Records Over ₹3 Trillion in Net Profit for FY24; HDFC Bank, Axis, and Bank of Baroda Emerge as Leading Choices

May 21, 2024
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Indian banks have shown robust earnings growth in the fourth quarter of FY24, primarily driven by healthy loan expansion. Listed banks experienced a boost in net profits, attributed to increased other income and credit growth. However, net interest margins displayed mixed trends, largely influenced by the upward pressure on funding

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Godrej Properties Secures 10 Land Parcels in Fiscal Year 2024 for Development of Projects Valued at ₹21,000 Crore
Press Release
2 min read
138

Godrej Properties Secures 10 Land Parcels in Fiscal Year 2024 for Development of Projects Valued at ₹21,000 Crore

May 21, 2024
0

Godrej Properties, in a strategic move to bolster its business, acquired 10 land parcels during the previous fiscal year, eight of which were outright purchases. These acquisitions pave the way for housing projects valued at over Rs 21,000 crore. Looking ahead, the company has set its sights on acquiring more

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