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