The Indian Public Sector Banks (PSBs) reported a robust performance in the first half of the financial year 2024-25, with aggregate business standing at Rs 236.04 lakh crore, showing 11 per cent Year on Year growth, the Ministry of Finance said on Tuesday.
One97 Communications owned payments and financial services distribution company, Paytm has reported robust financial results for Q2FY25, with revenue growing by 11 per cent quarter-on-quarter (QoQ) to Rs 1,660 crore.
The quarter saw the bank's Net Interest Income (NII) rise by 11 per cent YoY to Rs7,020 crore, while the Net Interest Margin (NIM) was maintained at 4.91 per cent.
This marks a slowdown following a compound annual growth rate of around 11 per cent between fiscals 2022 and 2024. Despite the tempered growth, the operating profitability of cement companies is anticipated to remain stable at Rs 975-1,000 per tonne, which is above the decadal average of Rs
Revenues of Indian pharma companies are likely to expand by 9-11 per cent in the current financial year, albeit a moderation from the increase of 13-14 per cent recorded in the previous year, said rating agency ICRA in a report.
Tea production in the country has declined significantly in 2024, with Assam recording an 11 per cent drop and West Bengal seeing a 21 per cent decline up to July, according to data from the Tea Association of India.
Mumbai (Maharashtra) [India], August 29: Sunsure Energy, one of India's leading renewable power producers, has begun supplying renewable electricity to the Navi Mumbai production facility of Sandoz, the global leader in generic and biosimilar medicines. This power supply from Sunsure's Solap
The report stated that more than 90,000 street crimes were reported in Karachi in 2023, in comparison to 80,000 in 2022, showcasing an 11 per cent rise.
New Delhi [India], July 31: Indians are packing their bags and hitting the road (or sky) in ever-increasing numbers, with a growing appetite for short international trips and domestic pilgrimage tours. This travel boom is being fueled by the growing popularity of financial solutions such as
India received 11 per cent less rainfall in June due to a delay in monsoon momentum for the North West and Central regions of the country, highlighted a report by 'Bank of Baroda'.
Uttar Pradesh has achieved a significant milestone by becoming the second state in India to surpass one crore investors in the stock market. As of May 2024, the state accounts for approximately 11 per cent of the total 9.32 crore investors in the Indian stock market, according to a report by
While the sales of two-wheelers have seen a significant rise in the month of May 2024, sales of passenger cars have dropped by over 11 per cent, according to the data released by the Society of Indian Automobile Manufacturers (SIAM)