India’s top private banks saw a slowdown in profit growth. Combined net profit reached ₹43,641 crore in the June quarter. This is a 2.7% increase, lower than the previous year. Sluggish credit and deposit growth impacted performance. Treasury gains helped support profitability. Some banks like Axis Bank and Kotak Mahindra Bank experienced subdued results.
eMudhra shares crash another 4%, down 40% in 3 sessions. What’s behind this free fall?
eMudhra will exit its global SSL/TLS certificate business following a security incident involving compromised private keys linked to eight intermediate Certificate Authority certificates. The segment