Financial companies reported a bonanza in FY22; outlook upbeat for next year - Moneycontrol

The BFSI sector had a strong fourth quarter, making it one of the key drivers of earnings growth among listed companies. On an aggregate basis, listed banks reported stellar net profit growth of 87% YoY, riding on lower provisions thanks to a drop in stressed…

Indias lenders have firmly left behind the effects of a toxic credit cycle and the Covid pandemic and are now on the path of growth. Their investors have acknowledged this, reflected in the measured … [+4220 chars]

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