Karnataka Bank Limited reports a record annual net profit of Rs 1,306 crore for FY2023-24, marking an 11% increase from the previous year. The bank's financial achievements showcase its dedication to ongoing transformational changes and investor confidence in its vision and strategic direction.
KVG Bank, a leading regional rural bank, posts a net profit of Rs 104.2 crore in FY 2023-2024, showing a growth of 158.8% over the previous year. The bank's net NPA decreases to 3.4% from 4.6% in the same period. Explore more about KVGB's financial performance and future goals in this article.
Stocks that were in focus include names like Indian Bank, which fell 1.33%, Sun Pharma, which jumped 1.5%, and Hindustan Zinc, whose shares rose 4% on Wednesday.
When unexpected expenses arise, seeking a personal loan from a bank can be a solution. Borrowers with good credit scores can benefit from lower rates. Explore top banks offering the lowest interest rates on personal loans to save money.
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