Reliance Industries and Capri Global will acquire Mumbai’s 1,500-bed SevenHills Hospital, ending an eight-year impasse. The hospital will be converted into a not-for-profit entity, with funds infused via equity support.
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