Hinduja Group will increase its stake to 26%.
Company records highest ever quarterly profit of Rs 3,853 crore.
This is the 8th consecutive interest rate hike by the US Central Bank since the beginning of 2022.
The proposed policy reforms and increased capital infusion will provide an impetus to MSMEs and the start-up ecosystem.
The budget pays heed to the need for fiscal consolidation reducing its fiscal deficit target to 5.9% of GDP in 2023-24 from 6.4% in 2022-23.
On the sectoral front, Nifty IT, Pharma and Oil & Gas stocks were under selling pressure.
Good show expected across loan growth, margins and asset quality
State Bank of India, on January 27, 2023 has announced the sanctioning of credit facility of Rs450 crore.