Net profit increased 83% to ₹16,695 crore in the quarter ended March 2023 from ₹9,114 crore a year ago. It crossed the ₹50,000-crore mark for FY23, the first time annual profit for any bank in India crossed that level.
Sebi has proposed simplifying nomination rules for demat accounts and mutual fund folios, making it the default option for new investors. This change aims to
India’s banking system liquidity surplus narrowed to ₹75,483 crore due to advance tax outflows and forex market interventions. This pushed money market rates up, prompting
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