The bank's net interest income increased by 16 per cent year-on-year to Rs. 9,366 crore in this year's second quarter from Rs 8,057 crore in last year's second quarter.
Perception that RBI was cutting dollar purchases was accentuated by comment from policy makers that appreciating rupee had helped tackle imported inflation.
ICRA estimates that PSBs need around Rs 60,000 crore in the current fiscal, but these banks are struggling to raise capital despite asset quality challenges.
The brokerage’s view is based on factors including historical data showing the Nifty completely retracing declines of over 25% within one year three times over the past 12 years
Banks are relying on a pick-up in economic activity amid unlock phase and borrower profiles to expect that majority of loans under moratorium won’t turn bad.
German mountaineers Stallbohm and Poncar recall their interactions with Col. Narendra ‘Bull’ Kumar and shed light on the maps they gave him which drew his attention to Siachen.
The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.
Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.
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