The extent of net profit has improved significantly over the past few quarters. The sample’s net profit in the latest quarter was two-and-a-half times ₹36,741 crore reported in the September 2021 quarter.
RBI relaxes rules on current, CC and OD accounts; threshold raised to ₹10 crore
The Reserve Bank of India has relaxed norms for business accounts. Customers can now open current, cash credit, and overdraft accounts more easily. The aggregate