Union Bank of India and IDBI Bank reported the highest increase in Q3FY24 net profit at 60% and 57%, respectively. ICICI Bank's net profit rose 23.6% to Rs 10,272 crore, while IDFC First Bank saw an 18% rise in net profit to Rs 716 crore.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2AqQPZ1
Indian-origin finance chiefs are increasingly leading global giants like Unilever, Tesla, and Mastercard. A study reveals over a dozen multinational corporations have appointed Indian descent CFOs, many educated in India. This trend highlights the evolving role of CFOs as strategists, adept at navigating complex markets and demonstrating resilience, a skill honed by the Indian education system and professional experiences. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/r9zfLbi
The Union Cabinet has approved significant reforms for the stock market and insurance sectors. The plan includes allowing 100% foreign investment in insurance, aiming to boost penetration and consumer choice. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/oaBw6J3
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