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Consolidated results could be aided VECV segment which will be incorporated in the financials as 'share of profits from JV' under Ind-AS.

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New products developed for electric mobility have received a good response in the market.

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Net income increases 45% yoy to Rs1,716 million in Q3FY22. Net interest margin for Q3FY22 was 10.3%.

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Bank of Baroda said that it will acquire Union Bank of Indias 21% stake in IndiaFirst Life Insurance Company, a joint venture between Bank of Baroda, Union Bank of India and Carmel Point Investments.

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The Indian rupee is expected to be under pressure in opening trades on Monday, 14 February 2022 amid mounting tension between Russia and Ukraine. Besides, surging crude oil prices and dollar surge in unlikely to provide support to the local currency. Moreover, domestic industrial output slumped to a 10-month low of 0.4% in December, dragged down by manufacturing, capital goods and consumer durables output along […]

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