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RBI's December 2024 Monetary Policy: Balancing Inflation Control and Growth Amid Global Challenges
access_time 2024-12-07T10:19:08.014Z face CA Rachana Ranade
On December 6, 2024, the Reserve Bank of India (RBI) unveiled its latest monetary policy decisions following a three-day meeting of the Monetary Policy Committee (MPC) that started on December 4. The key members of the MPC include RBI Governor Shaktikanta Das, Deputy Governor Michael Debabrata Patra...
SBI's Quarter Highlights - 28% Profit Rise and Growing Interest Income
access_time 2024-11-09T06:02:55.848Z face CA Rachana Ranade
SBI's Quarter Highlights - 28% Profit Rise and Growing Interest Income State Bank of India Ltd on November 8 reported 28 percent jump in net profit at Rs 18,331 crore for the quarter ended September 30, 2024. The PSU lender had reported net profit of Rs 14,330 crore in the year-ago period. In July-S...
Dixon Technologies Q2: Strong Revenue Growth Amid Margin Pressure with Positive Outlook
access_time 2024-10-25T12:21:39.417Z face CA Rachana Ranade
Dixon Technologies Q2: Strong Revenue Growth Amid Margin Pressure with Positive Outlook Dixon Technologies saw a stock decline of around 7.5% following its Q2 earnings report, which highlighted a shift in business dynamics affecting profitability. Despite significant revenue growth of 133% to ₹11,53...
What’s happening with this bank?
access_time 1728702780000 face CA Rachana Ranade
What’s happening with this bank? Bandhan Bank shares surged over 12% in today's session following the Reserve Bank of India's (RBI) approval of Partha Pratim Sengupta as the new Managing Director (MD) and CEO. Sengupta accepted the role on October 9, 2024, and confirmed on October 10 that he will re...
Why are so many companies coming up with buybacks?
access_time 1726402320000 face CA Rachana Ranade
Why are so many companies coming up with buybacks? Many companies are now announcing share buybacks, and to understand this trend, we first need to know what a buyback is. A buyback refers to a company purchasing its own shares from shareholders. These companies, listed on the stock market, offer to...