The volume of UPI transactions surged to 65.77 billion from 42.09 billion in H2 2022
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Yvan Lengwiler, chairman of the SNB Observatory, a group advocating for accountability at the SNB, proposed the idea of rotating the chairman role to distribute decision making responsibilities more evenly among the members of the SNB's rate-setting governing board
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According to data from CareEdge Ratings, banks currently hold approximately 40 per cent of the market share in the used commercial vehicle segment, with NBFCs and captive financiers holding the rest
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According to a statement from the corporate affairs ministry posted on X, this figure surpasses the incorporation rates of any previous financial year
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The bank disclosed its fourth-quarter results on Tuesday, revealing a 6.30 per cent YoY increase in its total business
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For the fiscal year 2023-24, Mahindra Finance recorded disbursements of Rs 56,200 crore, marking a notable 13 per cent growth
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Looking ahead, India's output growth is forecasted to reach 7.5 per cent in FY24 before moderating to 6.6 per cent in FY25, primarily due to a deceleration in investment
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Inflation has been a concern for many countries, including advanced economies, but India has largely managed to steer its inflation trajectory quite well
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