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Merchant discount rate on UPI transactions: What is MDR, will customers have to pay, who bears operating costs, who invests in infrastructure, why are discussions happening now? Check top FAQs answered…
Undervalued drone stocks: ACHR leads on fair value, RCAT on analyst upside
Ola Electric posted an improved June-quarter performance as deliveries picked up. This and more in today’s ETtech Top 5.
State Bank of India reported a strong first quarter with net profit rising over ten percent. Gross advances surpassed fifty lakh crore rupees, marking significant growth for the bank. Asset quality indicators showed marked improvement year-on-year, with GNPA declining. The bank maintained its full-year credit growth guidance at fourteen to fifteen percent. SBI is deploying…
The Bhavish Aggarwal-led company reported revenue from operations of Rs 455 crore for the June quarter, down from Rs 828 crore a year earlier, according to its stock exchange filing.
Conceptualised by Ogilvy and crafted by music duo Maati Baani, the campaign brings together folk musicians and regional artists to reinterpret the brand’s signature line, “Isko laga dala toh life jingalala,” in Tamil, Telugu, Kannada, Bangla, Awadhi and Gujarati.
The financial sector cannot afford to ignore emerging AI-related threats until they become a reality, he said at an event organised by industry chamber Assocham here.
Non-Banking Financial Company gold loans surged significantly by June 2026. Retail credit remained the primary driver for NBFC lending growth. Housing and vehicle loans also showed robust expansion during this period. Agriculture credit accelerated sharply, while industrial sector growth slowed down. Services sector lending moderated as trade and transport operators expanded credit slower.
The Reserve Bank of India has announced an exemption for loans against specific foreign currency deposits, particularly fresh FCNR(B) and NRE term deposits. This strategic shift ensures these loans will not factor into the mandatory priority sector lending requirements. Such measures have notably enhanced foreign exchange inflows. Additionally, there is a special facility available for…
BLS International reported a 25% year-on-year rise in Q1 revenue to Rs 891 crore, while net profit increased 11.4% to Rs 202 crore. EBITDA grew 23.6% to Rs 252 crore. Visa and consular services revenue rose 21.6%, while digital services recorded 32.2% growth. The company processed 11.3 lakh visa applications during the quarter, with net…