Local area banks net profit India FY 2019-2022

Published by Sandhya Keelery, Aug 30, 2024
In financial year 2022, the net financial profit gained by the local area banks in India amounted to 260 million Indian rupees. This was a significant decline in business compared to the previous fiscal year.

Net profit of local area banks in India from financial year 2019 to 2022 (in million Indian rupees)

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Release date

December 2022

Region

India

Survey time period

FY 2019 to FY 2022

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2020 started in April 2019 and ended in March 2020.

One Indian rupee is equal to 0.012 U.S. dollars and 0.011 euros (as of July 2023).

Values have been rounded for clarity.

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