Finance Minister Nirmala Sitharaman said that ‘green growth’ would be one of the priorities of the budget.
LegalPay, founded in 2020, is the country's first litigation funding platform. In the legal and insolvency markets, it offers embedded financing.
The company's solvency ratio increased from 209% to 225%.
The bank's total income increased 36% yoy to Rs2,413 crore from Rs1,773 crore.
Challenge before the government in FY 24 Budget is how to balance the need for fiscal stimulus with the need for keeping fiscal deficit under control: ICRA Research
On a standalone basis, the bank’s profit after tax jumped 18.5% to Rs12,259.50 crore in Q3FY23.
The company stated in its exchange filing that it has entered into revised agreements with Max Financial on January 9, 2023.
The company has agreed to pay Rs1.10 crore total consideration for the sale of 2,12,121 equity shares.
Shriram AMC is a subsidiary of the Shriram Group, a financial conglomerate with assets worth over Rs 2.25 lakh crore.
The Assets Under Management (AUM) in UP currently stand at Rs10,770 crore.
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