How does RBI earn money ? & why the RBI is more of a banker than a regulator.
Last year, the RBI transferred over ₹87,000 Crore to the government, and it's expected to surpass ₹1,00,000 Crore in FY 2025.
But how does the RBI generate this enormous
See More
Anonymous 2
Stealth • 5d
With ₹1.4 Lakh Crore in interest earnings, the RBI is playing a long-term game. It is our time to shine
How does RBI earn money ? & why the RBI is more of a banker than a regulator.
Last year, the RBI transferred over ₹87,000 Crore to the government, and it's expected to surpass ₹1,00,000 Crore in FY 2025.
But how does the RBI generate this enormous
See More
7 replies7 likes
Om Gupta
Stealth • 7m
RBI gave the government a record Rs 2.1 lakh crore dividend, boosting government finances. This windfall is seen as a sign of the RBI's strong management and could allow the government to invest more in the economy. Experts believe this reflects well
See More
0 replies7 likes
Prem Siddhapura
Stealth • 1m
**Tax Revenue Hits Record Highs** 📈
The government’s net direct tax collection, post-refunds, surged 15.4% to ₹12.3 lakh crore between April and November 10, 2024. Gross collections also saw a robust 21.2% increase, reaching ₹15.02 lakh crore. 💰
See More
0 replies3 likes
Shuvodip Ray
•
YouTube • 5m
In a significant move to bolster its financial position and support future growth, Bank of Baroda (BoB), one of India's largest public sector banks, has announced plans to raise substantial capital through debt instruments and long-term bonds. The ba
See More
0 replies9 likes
Arcane
Stealth • 4m
New Property Taxation Scenarios:
1) Modest Gains, High Burden
2004 Buy Price: ₹50 lakh
2024 Sell Price: ₹1.6 crore
Old Taxation: ₹7,339
New Taxation: ₹13.75 lakh
Your tax liability jumps from ₹7,339 to ₹13.75 lakh!!!
2) Moderate Gains, Heavier Lo
The central government has collected GST of ₹ 1.82 lakh crore in November 2024.
This GST collection is 8.5% more than the GST collection in November last year.
In November 2023, the government has collected GST of ₹ 1.68 lakh crore.
5 replies7 likes
Sayan Ghosh
Stealth • 1m
Does the US$44 billion cheque for Twitter, Inc. (or X ) make sense now?
Some people are visionary (read Elon Musk), but most are not. These visionary people are playing the long game.
📊 EBITDA Positive ≠ Profitable: The Startup Illusion/delusion
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is just a fancy term used to prevent yourself to be called loss making and shows reduced losses
1. Depreciation
Bank of Baroda shares in focus as lender to raise funds via long-term bonds :- Bank of Baroda shares closed 2.07% lower at Rs 250.65 on Wednesday against the previous close of Rs 255.95 on BSE. Total 3.05 lakh shares of Bank of Baroda changed hands
Navi Finserv Ordered to Cease Loan Disbursement by RBI 🚨
In a recent development, Navi Finserv, the NBFC arm of Sachin Bansal’s Navi Technologies, has been ordered by the Reserve Bank of India to cease and desist from sanctioning and disbursing loa