RBI increased its benchmark repo rate for third time within four months on Friday as it reiterated its commitment to bring inflation down below its outer limit of 6%.The large investment losses overshadowed an otherwise solid performance with a loan growth of 15% driven by a 19% growth in retail loans and a 11% increase in corporate loans.
Hindustan Zinc shares rise over 3% after Q4 profit grows 47% YoY to Rs 3,003 crore, Nuvama cuts target price
Hindustan Zinc shares rose after Q4FY25 EBITDA beat estimates, driven by strong volumes and lower production costs. Nuvama cut the stock’s target price slightly, citing