Revenue from Mobile up 21.4% YoY due to tariff hikes, in addition to the organization’s focus on premium customer acquisition ...
Bajaj Finserv Mutual Fund is launching NFO under its “Equity Fund”, named as Bajaj Finserv Multi Cap Fund. The open ended ...
The company has now locked in 4 GW of renewable energy capacity for commercial and industrial use through this 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 ...
As of the close of January 2025, the Nifty 50 index delivered monthly returns of -0.99%, the fourth consecutive month of ...
As the government cut the taxes for the middle class and now RBI bringing down the cost of borrowing, it augurs well for a strong consumption-led growth.
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 ...
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 ...
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 ...
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.
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 ...