Bharti Airtel’s operating profit is seen rising 5% on the back of better mix, lower spectrum usage charges and other operational costs. A broad-based growth across segments, strong India performance, and lower costs are likely to drive a 45% QoQ growth in consolidated net profit to Rs 2,327 crore, ET Now poll showed.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an