The average growth in revenues and net profit over the past five quarters has been 14% and 12% respectively. The revenue and net profit growth for the latest quarter Q3FY24 is 9% and 15% respectively.
Nifty formed a red candle on the daily chart on Friday, indicating weakness, but a green candle on the weekly scale confirmed last week’s bullish
Dinesh Kumar Khara emphasizes that the adoption of the repo rate as an external benchmark by banks will ensure quick transmission of policy rate changes
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