Indian Overseas Bank (IOB), one of India’s leading public sector banks, has reported a significant financial performance for the fiscal year 2023-2024. Demonstrating robust growth, IOB recorded its highest-ever net profit of ₹808 crores for the fourth quarter and ₹2,656 crores for the entire fiscal year. This performance marks a notable improvement in both operating […]
Axis Bank Limited, a major player in the Indian banking sector, has reported a remarkable financial performance for the fiscal year ending March 31, 2024. The bank’s profit after tax (PAT) surged by 160% year-over-year (YoY) to ₹24,861 crores, supported by strong growth in both deposits and loans, which increased by 13% and 14% respectively. […]
