LG Electronics India Q2 Results: LG Electronics India reported a 27% year-on-year (YoY) fall in its net profit at Rs 389 crore in the second quarter. The same stood at Rs 536 crore in the year-ago quarter. Revenue from operations, meanwhile, rose by a marginal 1% YoY to Rs 6,174 crore.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an