The government is meticulously watching banks to ensure the transmission of the recent RBI rate cut to borrowers, as officials warn that insufficient rate cuts would be addressed. The RBI’s quarter-percentage-point cut aims to reduce borrowing costs, but historical precedents show mixed transmission effectiveness.
SAIL Q3 Results: Cons PAT falls 66% to Rs 142 crore, revenue up 5%
Steel Authority of India (SAIL) reported a 66% drop in standalone net profit at Rs 142 crore for Q3FY25, compared to Rs 422 crore a
February 11, 2025