The lender’s gross advances grew 35% year-on-year to Rs 27,861 crore. Loan disbursement during the quarter at Rs 591Equitas Small Finance Bank reported a 58% jump in net profit for the March quarter at Rs 190 crore, backed by business expansion and betterment of asset quality.
Onion prices rise 20% in past two weeks as rains damage crop
Pune’s onion prices have surged by approximately 20% in the last two weeks due to crop damage from heavy rains, leading to reduced market arrivals.