“Profit of banks in India is -11.2% during 2013-14, whereas the profit reached above 1 Lakh crore rupees during 2020-21”
Social media posts
FACTLY rated thisMISLEADING
What FACTLY found
Profit of banks in India is -11.2% during 2013-14, whereas the profit reached above 1 Lakh crore rupees during 2020-21
Their words, from the summary they publish with the rating.
In short
This claim spread on social media. FACTLY (India) looked into it and published its finding on 16 November 2022. Its rating was “MISLEADING”.
This check was done by FACTLY, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.