Fairfax-backed CSB Bank reported a 16% YoY rise in Q2 profit to ₹160 crore, driven by higher interest income and 16% NII growth to ₹424 crore. The bank plans to expand its retail, SME, and NRI businesses, including a new Dubai office, while maintaining a conservative gold loan strategy.
Adani’s Cemindia is said to near up to $524 million share sale
Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000