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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Goldman Sachs’ India bets: 8 stocks rally up to 85% in CY26; one new addition

Goldman Sachs’ India equity portfolio fell 6% in CY26 amid mixed stock performance. While 18 stocks declined sharply, eight delivered strong gains, led by GNG

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Dala Street Week Ahead: Nifty to test crucial 24,500 level; breakout may define next trend

Indian markets navigated a subdued week, ending with modest gains as Nifty hovered near a crucial resistance zone between 24,160 and 24,500. Technical indicators suggest

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