The asset quality of the lender improved in line with the sectoral trend with its gross non-performing assets ratio falling to 2.9% at the end of the year from 6.3% a year back. It wrote-off bad loans to the tune of Rs 188 crore.
The Indian Rupee hit a new low of 93.97 against the US Dollar on Monday. Rising crude oil prices and global tensions are weakening the
Gold and silver prices experienced a significant slump on Monday, with gold futures dropping 5.6% and silver falling 11%. This decline occurred despite escalating West
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