HDFC Bank and two global financial firms are exploring buying a stake in CreditAccess Grameen. Axis Bank is also in talks. CreditAccess India BV, the owner, is looking to sell its majority stake. This move aims to provide an exit for patient investors. The microfinance market is showing signs of recovery. CreditAccess Grameen is financially strong and poised for growth.
Kalyan Jewellers shares jump 9%, extend two-day rally to over 15% after robust Q1 business update
Kalyan Jewellers shares saw a significant surge following a robust first-quarter business update. The company reported an estimated 38% year-on-year increase in consolidated revenue for