The company reported a net profit of ₹48 crore in the quarter ended September from a loss of ₹1,536 crore a year earlier after adjusting for the one-time refund of ₹64 crore to investors of the Indiareit PMS as per the Delhi High Court order.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,