Axis Bank, Indian Bank eye infra bond route for fund-raise next month

August 31, 2024

Axis Bank and Indian Bank are likely to raise funds worth up to Rs 9,000 crore through the sale of infrastructure bonds next month, as lenders continue to rely on debt issuances to mobilise funds amid a slower pace of deposit growth than credit growth.

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Tata Communications Q1 Results: Cons PAT falls 43% YoY to Rs 190 crore, revenue up 7%

Tata Communications reported a 43% YoY drop in Q1FY26 net profit at Rs 190 crore. Revenue rose 7% to Rs 5,960 crore. Sequentially, profit plunged

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Sterling and Wilson Q1 Results: Cons PAT skyrockets 680% YoY to Rs 39 crore, revenue soars 93%

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