We experienced a remarkable three-fold increase in revenue, generating approximately Rs 780 crore ($95 million) in FY23 compared to Rs 233 crore in the previous year. We anticipate that the company will register a sizable profit for the year, indicating that our revenue growth is likely to translate into a significant increase in profits. We will continue to maintain the momentum of our growth in the future.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,