Shapoorji Pallonji Group is shifting its debt refinancing plans. The group is now leaning towards mainstream banks for a ₹2,000 crore loan. This move comes as bank credit is more cost-effective than private credit. The loan will be secured by shares of Afcons Infrastructure and real estate assets.
AU Small Finance Bank shares rally 5% as Q1 PAT jumps 37% to Rs 796 crore, NII up 32% YoY
AU Small Finance Bank share price jumped 5% after it reported a 37% year-on-year rise in net profit to Rs 796 crore for the June