Bank profits rose for 6th year in a row in FY24, asset quality up

December 27, 2024

RBI reported that Indian banks’ profitability improved for the sixth consecutive year as of March 2024, with asset quality reaching a 13-year low in non-performing assets. Banks’ net profit rose by nearly 33% and GNPA ratio fell to 2.7%, driven by better recoveries and upgrades.

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Bharti Airtel transfers 69.94% stake in Airtel Payments bank to Airtel Ltd

Bharti Airtel has transferred its entire 69.94 per cent stake in Airtel Payments Bank to wholly-owned subsidiary Airtel Limited, a regulatory filing said on Tuesday.

March 12, 2025

Shruti Shibulal buys Infosys shares for Rs 469 crore

Shruti Shibulal, one of the promoters of Infosys, on Wednesday acquired additional shares of the IT firm for Rs 469 crore through an open market

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