Revenue from Mobile up 21.4% YoY due to tariff hikes, in addition to the organization’s focus on premium customer acquisition ...
After cutting the cash reserve ratio (CRR) by 50 bps from 4.5% of NDTL, to 4.0% of NDTL in the December 2024 policy, the RBI ...
The company has now locked in 4 GW of renewable energy capacity for commercial and industrial use through this acquisition.
As of the close of January 2025, the Nifty 50 index delivered monthly returns of -0.99%, the fourth consecutive month of ...
As always RBI is ahead of the curve in its focus on consumer protection and mitigating cyber risks. Announcements of a separate domain for the financial sector is a welcome step in that direction.
The Reserve Bank of India just cut the repo rate by 25 basis points to 6.25%—the first rate cut in nearly five years. It’s a big move, and one that signals a shift in focus: supporting growth while ...
Bajaj Finserv Mutual Fund is launching NFO under its “Equity Fund”, named as Bajaj Finserv Multi Cap Fund. The open ended fund aims to generate long term capital appreciation by investing in equity ...
Rate cut, stance and statement on liquidity measures. This decision in my view was a logical extension to the liquidity measures taken in Jan, along with clear assurances given by RBI to support ...
The rate cut can be viewed as a positive for lenders having a higher share of fixed rate portfolio, especially credit card issuers, vehicle financiers and gold financiers.
The repo rate directly affects daily life by influencing overall interest rates. It is the rate at which the RBI lends money to commercial banks.
As widely expected, the MPC has cut the Repo Rate by 25 bp to 6.25%. However, there was no forward guidance on policy rates. The stance is maintained at neutral. The RBI Governor has promised ...
EBITDA for the nine-month period was ₹2,539 million with a margin of 12.6%, and PAT came at ₹1,544 million with a margin of 7 ...