CRAR

Public Sector Banks record highest-ever net profit of Rs 1.41 lakh crore in FY24

India’s Public Sector Banks (PSBs) have achieved a remarkable milestone by recording their highest-ever aggregate net profit of Rs 1.41 lakh crore in the financial year 2023-24, the Finance Ministry highlighted in a release on Sunday.

# Business

Indian banks have adequate capital, no reason for worry: CEA

He also noted that ratio of deposit to M-CAP (market capitalisaion) is not the correct instrument for assessing the safety of banks and instead Capital to Risk (Weighted) Assets Ratio (CRAR) should be gauged.

CRAR

Public Sector Banks record highest-ever net profit of Rs 1.41 lakh crore in FY24

Indian banks have adequate capital, no reason for worry: CEA

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