Banks’ huge profits, amidst headwinds, divide analysts

Analysis of recent performances across the income lines of deposit money banks (DMBs) in the country suggests that unlike other business concerns, the lenders are posting impressive figures that can raise integrity questions in an ailing economy.

Ideally, as the life wire of an economy, the banking sector is supposed to be a reflection of the state of an economy, growing profits when the vital economic indicators are pointing to the right direction and struggling when the reverse in the case.

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