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.
Oil prices dropped as market participants assessed a pause in US strikes on Iran. Hopes for a diplomatic solution eased concerns about Middle East energy
India has attracted nearly $32 billion in foreign capital since the RBI announced special inflow measures on June 5, Governor Sanjay Malhotra said. FCNR(B) deposits
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