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%.
OYO-parent PRISM to nearly halve IPO fresh issue size to up to Rs 3,350 cr: Sources
PRISM is set to scale back its initial public offering from Rs 6,650 crore to Rs 3,350 crore in light of its robust cash flow