While income for the year increased by 47.06 per cent to its highest ever at Rs 2.65 lakh crore , the expenditure increased by 14.05 per cent. The year ended with an overall surplus of Rs 87,416.22 crore that was transferred to the government in the form of dividend as against Rs 30,307.45 crore in the previous year, RBI’s latest annual report released on Monday said. RBI’s surplus transfer was more than the budgeted amount of Rs 48,000 crore for banking sector
Positive macro already priced in, market needs fresh earnings trigger: Sanjeev Prasad
Kotak Institutional Equities’ Sanjeev Prasad observes the Nifty 50 index is range bound. Valuations are expensive, but macroeconomics are decent. Earnings growth faces challenges from
June 4, 2025