Net interest income – the difference between interest earned on loans and that paid on deposits – a key source of income for banks, grew 9% year-on-year to ₹13,483 crore. Net interest margins for the September quarter basis eased to 3.99% against 4.11% a year ago.
Indian equity markets faced a downturn for the fourth straight week, with the Nifty index retreating under 24,000. A combination of soaring crude oil prices
In its ambitious IPO initiative, Rentomojo targets a valuation of ₹4,246 crore, while securing ₹150 crore in fresh funding. Additionally, existing investors plan to divest
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