Net profit of non-govt non-finance firms moderates to 2.6% in 2018-19: RBI study
MUMBAI: The net profit of the non-government non-banking financial and investment companies (NGNBF&I) moderated to 2.6 per cent during 2018-19 from 5.3 per cent in the previous financial year, according to a study by the RBI. These companies, however, recorded a robust growth of 21.9 per cent during 2018-19 on the back of increased lending … Read more