Despite COVID-19, the bank s profit surged over five times to Rs 2,022 crore during the financial year ended March 2021, against Rs 363.34 crore during 2019-20
Despite COVID-19, the bank s profit surged over five times to Rs 2,022 crore during the financial year ended March 2021, against Rs 363.34 crore during 2019-20.
On the loan growth, Rao said, it should be between 8 and 10 per cent for the banking industry on the assumption that the economy will grow at 9.5 per cent in 2021-22.
The Nifty50 index surged to record highs this week led by shares of banks and other cyclical sectors, while the BSE Sensex managed to register its first closing lifetime high since February.