The capital raised by Adani Green Energy will be used to repay an outstanding $750 million, three-year bond issued in 2021 that’s due next year. The money is likely to be kept in a dedicated redemption reserve account and paid on the due date, said people aware of the matter.
Suryoday Small Finance Bank Q3 Results: Profit slumps 42% to Rs 33 crore
Suryoday Small Finance Bank reported a 42% YoY drop in Q3 FY25 net profit to ₹33.3 crore due to higher expenses and worsening asset quality,