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2025-01-02 15:14:16| The Economic Times

UPI transactions in December hit a record 16.73 billion, an 8% increase from Novembers 15.48 billion. Transaction value rose to Rs 23.25 lakh crore, up from Rs 21.55 lakh crore. Daily average transactions reached 539.68 million in December, with a daily transaction value of Rs 74,990 crore.

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2025-01-02 14:10:20| The Economic Times

Avenue Supermarts, which operates retail chain DMart on Thursday reported a 17% year-on-year jump in its standalone revenue for the quarter ended December 31, 2024 at Rs 15,565.23 crore. The company had reported a topline of Rs 13,247.33 crore in the year ago period.

Category: News and Media

2025-01-02 13:55:50| The Economic Times

ICRA has lowered its credit growth estimate for Indian banks to 10.5%-11% for the fiscal year ending March 2025, citing reduced exposure to unsecured retail and NBFC sectors. Persistently high CD ratios and changes in liquidity coverage are expected to further reduce growth in FY2026.

Category: News and Media

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