“A lot of HNIs and retail investors had subscribed to the FPO with an arbitrage point of view,” said Jimeet Modi, founder, Samco Securities. “They have locked their gains and booked profits and moved on from the company.”
Amid expectations of a softer rate cycle, several banks plan to raise the share of MCLR-linked loans to protect net interest margins from falling sharply
The lender’s total income stood 19% higher at ₹785 crore, against ₹659 crore. Its assets under management grew 21% year-on-year to ₹23,976 crore at the
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