Chennai based ACI manufactures specialty marine chemicals such as bromine, industrial salt and sulphate of Potash. These chemicals are produced from brine fields typically in the environmentally sensitive coastal areas that require several regulatory hurdles. This creates a high entry barrier for new entrants.
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