Warren Buffett released his annual letter to shareholders on Saturday, reaffirming his preference for stocks over cash despite Berkshire Hathaway’s massive cash reserves. He also praised his successor, Greg Abel, highlighting his ability to identify investment opportunities and drawing comparisons to the late Charlie Munger.
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