Sunil Mittal-led Indian Continent Investment plans to sell approximately 0.56% of its Bharti Airtel stake, valued at around ₹7,200 crore, via a block deal. The entity will offload 3.43 crore shares, potentially at a 3% discount to Tuesday’s closing price. This move follows a similar stake sale in August.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs