Month: May 2016

SBI – The Lone Ranger..!

State Bank of India (SBI) declared its results today and much to the relief it did not slip into red like most of its Public Sector peers. Net profit did fall by 66% for the quarter yet it was able to save a little for its shareholders and to be carried to the balance sheet.

Explaining Inflation..

WPI based for the month of April was released last week with inflation showing an increase for the first time after 17 months. The reversal may cause anxiety if this turns out to be the beginning of another upward movement in the inflation cycle.