The rate hikes partly helped Jio grow average revenue per user(ARPU) 4.2% on-quarter to ₹203.3. But the full beneficial impact of the price hikes will be staggered, and likely to come through Q4FY25 and Q1FY26, since Jio has a higher share of subscribers on longer-validity plans compared to Bharti Airtel or Vodafone Idea, said analysts.
ATM withdrawals make SBI richer, other PSBs poorer
State Bank of India earned Rs 331 crore from ATM cash withdrawals in 2023-24, while other state-owned banks collectively lost Rs 925 crore. SBI dominates