The Indian primary market is set for a busy week with around 25 mainboard and SME IPOs launching. Several companies like Epack Prefab, Jain Resource Recycling, and Anand Rathi Share are planning to raise significant capital. The SME segment is also crowded, with diverse sectors tapping into market appetite amidst volatile secondary markets, testing investor sentiment.
IDBI Bank Q2 results: Net profit tanks 39% YoY to Rs 2,205 crore; NII dips 49% YoY
IDBI Bank reported a 39% year-on-year profit decline to Rs 2,205 crore in Q2 FY27, impacted by a one-off gain in the previous year. Excluding