Web11 hours ago · Net-interest income surged 45% from the same quarter a year ago, to $13.34 billion. The bank earned $1.23 per share, excluding one-time items, for the quarter … WebApr 9, 2024 · All public sector banks, barring Punjab National Bank (PNB), registered an increase in net profit in the December quarter. PNB's net profit for the third quarter was down 44 per cent to Rs 628 crore due to higher provisioning. SBI recorded the highest net profit of Rs 14,205 crore, an increase of 68 per cent.
How did public sector banks become profitable in FY21?
WebApr 6, 2024 · The government expects banks to pay dividends on the lines of central public sector enterprises, which pay 30% of the profit after tax or 5% of the net worth, … WebNov 22, 2024 · The NPA of Canara Bank has come down to 2.19% from 7.48% in Mar 2024. The same trend is seen in all public banks. Now SBI has seen a jump of 74% in … clicker training leash
Lenders likely to post
WebJul 21, 2024 · In financial year 2024, public sector banks in India report net losses of around 318 billion Indian rupees. In financial year 2024, these banks had lost 666 billion … WebApr 11, 2024 · The results of the study disclose that private sector banks are more productive than public sector banks over the whole study period. But no significant difference exists in the profitability of ... WebJun 24, 2024 · Of the rest, five that had made losses in the financial year 2024 have made profit in 2024. They are Bank of India, Canara Bank, IDBI Bank, Uco Bank and Union … clicker training manual