The lender’s total income stood 19% higher at ₹785 crore, against ₹659 crore. Its assets under management grew 21% year-on-year to ₹23,976 crore at the end of December with the total number of loan accounts rising to 286,000.
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.
Federal Reserve Chairman Kevin Warsh stressed commitment to the 2% inflation target. He clarified there is no implicit inflation target above this for the committee
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