Aggregate NPA provisioning for banks dips in Q3

February 13, 2024

After peaking at Rs 65,986.9 crore in the March 2021 quarter, these provisions have gradually cooled off since then. In the March 2023 quarter, they had dropped to Rs 17,956 crore, the lowest in five years, aided by a reversal in provisioning from IDBI Bank.

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Godavari Biorefineries collects Rs 166 crore from anchor investors ahead of IPO

Godavari Biorefineries Ltd raised over Rs 166 crore from anchor investors including HDFC Mutual Fund and Goldman Sachs prior to its IPO. The IPO, including

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Persistent Systems Q2 results: PAT jumps 23% YoY to Rs 325 crore, revenue up by 20%

Persistent Systems reported a 23.4% jump in PAT to Rs 325 crore and a 20% YoY increase in revenue. The company’s revenue for the second

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