The rate transmission is higher in public sector banks (PSB) than that of private banks, the Reserve Bank of India’s (RBI) bulletin for April 2024 showed. “The transmission across bank groups indicates that the increase in the deposit and lending rates was higher in the case of PSBs. The lending rates of PSBs continued to remain lower than those of private banks.
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10 Stocks that moved the most today: 💰IEX | CMP Rs 152.90 💰Inox Wind | CMP Rs 599.50 💰Indus Towers | CMP Rs 360.60 💰Bajaj Finance | CMP Rs 7,241 💰Mahindra and Mahindra Finance | CMP Rs 263.45 💰KP Energy | CMP Rs 409.85 💰Hatsun Agro | CMP Rs 1,108 💰Vodafone Idea | CMP Rs 14.40 💰Tejas Networks | CMP Rs 1,088.25 💰PSP Projects | CMP Rs 699
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Tata Consumer Products' board of directors on Tuesday recommended a dividend payment of Rs 7.75 per share for the year ended March 31, 2024. The decision was taken in a board meeting held today to approve the company's January-March quarter earnings and the announcement was made after market hours later.
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