Summary The Reserve Bank of India (RBI) has made headlines by announcing a record surplus transfer of ₹2.5 lakh crore to the Government of India for the financial year 2024–25. This is the highest-ever dividend transfer in India’s history, much larger than previous years. The massive surplus is mainly due to the RBI’s strong earnings […]
RBI to Shower ₹2.5 Lakh Cr on Govt in FY25! Read More »
Summary Shriram Housing Finance Ltd., the prominent affordable housing finance company and a group entity of Shriram Finance, clocked an unprecedented 60% quarter-on-quarter growth in fourth-quarter net profit of FY2023- 24 at ₹99.2 crore. The healthy growth is an indication of the company’s strong performance and strategy-driven concentration in mass markets, especially Tier 2 and
Shriram Housing Q4 Profit Soars 60% to ₹99.2 Cr! Read More »
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