OnEMI Technology Solutions, parent of digital lending platform Kissht, debuted on Dalal Street with an 11% premium over its IPO price. The Rs 926 crore IPO saw strong demand, particularly from institutional investors. Proceeds will bolster its NBFC subsidiary for future loan growth.
Bank of Baroda Q4 results: PAT grows 11% YoY to Rs 5,616 crore; NII up 9%
Bank of Baroda posted an 11.2% rise in Q4 consolidated profit, driven by higher net interest income, strong loan growth and improved asset quality. Deposits