TCS posted a 1.7% year-on-year drop in consolidated net profit to Rs 12,224 crore for the quarter ending March 2025, down from Rs 12,434 crore in the same period last year. The result came in slightly below analysts’ expectations of Rs 12,650 crore.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,