The bank's deposits grew by 15% year-on-year, amounting to Rs 3.47 lakh crore
The company has set the price band for its proposed initial public offer (IPO) at Rs 475 to Rs 500 per equity share.
An embedded radio frequency antenna on a chip card known as a contactless card enables transactions up to a particular value without requiring the user to enter their PIN information.
Recommendation: Buy; Target Price: Rs 1700
Brent futures were up 9 cents, or 0.1%, to $79.72 per barrel, while WTI crude oil prices in the United States were unchanged at $75.75 per barrel.
The U.S. dollar was able to edge higher following a mixed retail sales data released overnight.
Recommendation: Buy; Target Price: Rs 700
Vedanta claimed it has partners lined up for the project after Foxconn withdrew without providing further information.
Spot gold was down 0.1% at $1,978.09 per ounce after rising to its highest level since May 24 on Tuesday at $1,984.19 per ounce.
Recommendation: Add; Target price: Rs 3700

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