Banks’ profitability improves for sixth yr in row in FY24: RBI report
“Banks’ profitability rose for the sixth consecutive yr in 2023-24 and continued to rise in H1:2024-25 with the return on belongings (RoA) at 1.4 per cent and return on fairness (RoE) at 14.6 per cent,” mentioned the Report on Development and Progress of Banking in India 2023-24. File. Representational Picture | Photograph Credit score: Reuters…