Nirmala Sitharaman lauds PSBs, says profit almost tripled to Rs 1.04 lakh crore in FY23
Union finance minister Nirmala Sitharaman on Saturday lauded public sector banks and said their net profit has almost tripled to Rs 1.04 lakh crore in FY23. The minister said the twin-balance sheet problems have been eliminated from the economy. The Indian economy currently has a twin-balance sheet advantage, she stated quoting the Reserve Bank of India (RBI)
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