Startup news and updates: Daily roundup (January 3, 2024) yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
According to the company's annual financial statements filed with the Registrar of Companies (RoC), the Bengaluru-based firm reported a total income of Rs 175 crore in FY23, down from Rs 191 crore in FY22.
Arnab Dutta joins Vedantu as COO amid leadership exits at Unacademy yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
Monetary policy in the country moved into a tightening mode in May 2022 amidst inflationary pressures emanating from the conflict in Ukraine, rise in international commodity prices, disruption of supply chains and volatility in global financial market.
The authors pointed out that while the increase in term deposit rates in the latest tightening cycle has outstripped that in lending rates, savings deposit rates of banks - which represent a third of total deposits - stayed almost unchanged.