Union Bank and Bank of India witnessed a 6-10% fall in their shares on Monday as their Q4 results fell short of expectations. Union Bank reported a 19% growth in net profit, while Bank of India’s net profit increased by 7%.
ICICI Bank raises $17.9 billion through FCNR(B) window, boosts lending liquidity
ICICI Bank secured approximately $17.88 billion via the RBI’s special swap facility. This mobilization provides the bank with substantial foreign-currency funding for loans. Loans extended