Spandana Sphoorty Financial raised Rs 250 crore via bonds, below the Rs 300 crore target, with 11% coupon and 30-month maturity, amid asset-quality stress and BBB+ rating with negative outlook.
Axis Bank shares gained after the lender approved a Rs 1,500 crore capital infusion into its NBFC arm, Axis Finance. The move follows a pause
Dalal Street shows improved sentiment after three consecutive gains, but experts caution it’s a technical pullback from oversold levels, not a full recovery. While historical
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