The Banking Scorecard
The combined profit of listed public and private sector banks surged 39% to ₹3.1 lakh crore in FY24, compared with ₹2.2 lakh crore in FY23.
The combined profit of listed public and private sector banks surged 39% to ₹3.1 lakh crore in FY24, compared with ₹2.2 lakh crore in FY23.
Even as the regulator is blowing hot, the flagbearers of Indian banking continue to hold sway over Fortune India-Grant Thornton Bharat’s 2024 ranking.
The Fortune India-Grant Thornton Bharat study of India's Best Financiers covered 78 banks in India with a standalone balance sheet size of more than ₹10,000 crore as on March 31, 2022.
The billionaire banker is known for his conservatism, a strategy that has worked very well for Kotak Mahindra Bank.