Credit card spending clocks double-digit jump in January

IANS | February 25, 2025 1:07 PM

Mumbai, Feb 25 (IANS) Consumer expenditure through credit cards has shot up by 10.8 per cent year-on-year to Rs 1.84 lakh crore in January 2025 with HDFC Bank and ICICI Bank recording the highest increase, according to the latest data compiled by the RBI.

India's private sector companies post higher profits, lower debt: RBI

IANS | February 25, 2025 11:27 AM

New Delhi, Feb 25 (IANS) The operating profit margin as well as net profit margin of private sector corporates in India improved across major sectors during 2023-24 while their debt burden declined during the year, reflecting the growing financial strength, according to the latest data compiled by the RBI.