SBI Card’s net profit decreased by 5% YoY to Rs. 593 crore for Q1 FY24 while revenue from operations increased by 24% YoY to Rs. 4,046 crore. M&M Financial’s profit was at Rs. 353 crore for Q1, a YoY growth of 58%, and total income was at Rs. 3,125 crore, a 25% YoY increase.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend