Sebi has approved five IPOs across sectors including digital lending, alcoholic beverages, textiles and precision engineering. Major issuers include Kissht, Alcobrew Distilleries, Aastha Spintex, Indo MIM and Kusumgar, signalling a strong and diverse primary market pipeline.
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