The profit figure missed ET NOW poll projection of Rs 8,300 crore by a wide margin. Net interest income (NII) for the quarter rose 12.87 per cent YoY to Rs 27,638 crore compared with Rs 31,196 crore in the corresponding quarter last year. ET NOW poll estimated NII figure at Rs 32,500 crore.
Iran war leaves Rs 3 lakh crore IPO backlog in India. Will Reliance Jio, NSE and others end the lull soon?
India’s IPO market has slowed amid volatility and weak sentiment, despite a robust pipeline of over Rs 3 lakh crore. Companies are adopting a cautious,