Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
SIDBI posts highest-ever net profit in FY24; net NPA at 0%
Update / Judgement Date
25 Sept 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
BankingFinancial ManagementMSME & Udhyam
SIDBI reported its highest-ever net profit for FY24, with net NPAs at 0%. The bank's strong performance is attributed to its focus on MSME lending and effective risk management. SIDBI's AGM highlighted the bank's efforts to support MSMEs through various financial products and services, contributing to their growth and development. The bank's robust financial health underscores its pivotal role in the MSME sector and its commitment to financial inclusion.
