Saraswat Cooperative Bank has requested RBI’s approval to acquire New India Cooperative Bank, aiming to alleviate the financial distress of thousands of depositors facing restricted access to their savings due to an RBI moratorium.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires