RBL Bank reported a significant three-fold surge in net profit for the fourth quarter, reaching Rs 230 crore, driven by robust business expansion and improved asset quality. The bank’s net advances grew 23% year-on-year, with retail segment contributing substantially. Despite a dip in net interest margin, the bank’s overall financial performance showed strong growth.
Oil and data centre stocks sink after US midterms
Following the US midterm election outcomes, significant shifts have been noted, influencing both oil prices and Asian stock markets. This week, Brent crude futures plummeted