Operating profit (before provisions and contingencies) jumped 12% to Rs 6,216 crore in the reporting period against Rs 5,567 crore in the last year period. Provisions during the second quarter fell nearly 30% year-on-year (YoY) to Rs 3,444 crore. The same stood at Rs 4,906 crore in the corresponding quarter of previous year.
Dow Jones falls 400 points pressured by tech losses and worries about rates
Benchmark 10-year U.S. Treasury yields reached a three-month high with investors reassessing the Fed rate-cut outlook over the next few months against the backdrop of