As September 30 approaches, thirty-four companies are hustling to roll out their initial public offerings to bypass further regulatory hurdles. The goal is to raise around ₹45,000 crore from these offerings. Bankers remain hopeful amidst the market’s unpredictable nature and tight timeframe. Additionally, numerous other companies are planning their entries into the public offering landscape in the near future.
Bandhan Bank Q2 profit jumps 5.6 times as asset quality improves
Bandhan Bank reported a five-fold rise in Q2 profit to Rs 622 crore, supported by lower provisions and improving asset quality. Net interest income grew