Spandana Sphoorty Financial posted a ₹440 crore net loss in Q3 FY24, its second consecutive quarterly loss, driven by ₹626 crore bad loan write-offs and higher provisions. Regulatory exemptions and lender discussions continue amid covenant breaches.
A recent rebound in benchmark indices has improved short-term market momentum, but it is not yet strong enough to signal a sustained bullish trend.The share
Among debt fund schemes, overnight funds recorded redemptions of ₹40,227 crore followed by money market funds with an outflow of ₹29,207 crore, and low-duration funds,
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