NLC India approved the listing of its renewables arm with up to 25% stake sale, announced an interim dividend, and cleared fresh investment plans, as the PSU pushes renewable growth despite lagging recent returns but strong long-term stock performance.
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