Bankers are anxious about the operational challenges of exchanging the ₹2,000 currency notes and are keen not to repeat the mistakes of the first few days of demonetisation in 2016. Although this time the percentage of notes being exchanged is much smaller, banks will have to deploy staff and are likely to provide a separate exchange counter for the exercise.
Kalyan Jewellers Q2 Results: Net profit jumps 64% YoY to Rs 427 crore, revenue rises 31%
Kalyan Jewellers reported a 63.6% YoY rise in consolidated net profit to Rs 427 crore in Q2FY27, while revenue grew 31.4% to Rs 10,323 crore.