Public Sector Banks Record Net Profit of Rs 85,520 Crore in First Half FY2024-25 Introduction: Public Sector Banks’ Strong Financial Performance In the first half of the fiscal year 2024-25, public sector banks (PSBs) in India have reported a significant surge in their net profits. According to recent data, these banks collectively recorded a net…
Karnataka Bank Raises Rs 600 Crore Through QIP, Bolsters Growth and Stability Karnataka Bank, a leading private sector bank in India, recently announced the successful completion of its Qualified Institutional Placement (QIP) to raise Rs 600 crore. This strategic move aims to strengthen the bank’s growth trajectory and enhance its stability in the ever-evolving financial…
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