PhonePe said it is committed to building an internal culture based on the inclusion and an abundance mentality.
State Bank of India locked in upper circuit on posting robust Q3 results and most brokerage house re-rating the stock.
RBI is expected to reassure on liquidity in the system, with a gradual normalisation over the next few quarters. Lending rates not likely to be changed.
Global brokerage firm CLSA sees 58% upside in SBI post Q3 results
The Monetary Policy Committee (MPC), headed by RBI Governor, will announce its interest rate decision today, 5 February 2021.
Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 75 points.
Budget 2021 has removed the tax exemption status to interest accrued on investments in employees provident fund exceeding Rs 2.50 lakh per annum.
SBI Chairman Dinesh Kumar Khara told reporters that the year-ago period had seen the resolution of the Essar Steel loans, resulting in an over Rs 4,000 crore interest income and Rs 500 crore other income benefit.
Nirmala Sitharaman said the budget is trying to raise non-tax resources at a time when a lot of money has to be spent.