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Mainland China share market closed on Tuesday, 04 October 2022, for National Day holiday.Powered by Capital Market – Live News

IDFC First Bank gained 5.78% to Rs 52.20 after the total customer deposits rose 35.9% to Rs 1,14,004 crore as on 30 September 2022 as against Rs 83,889 crore as on 30 September 2021.

News reports said that NARCL has made an offer of Rs228 crore for the debt owed by Mittal Corp. to public sector banks (PSBs) totaling Rs1,414.5 crore. This translates into a 16% recovery for these lenders.

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The current market cap of the company is Rs226.49 crore.

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Hong Kong share market closed on Tuesday, 04 October 2022, for National Day holiday.Powered by Capital Market – Live News

Mahindra & Mahindra Financial Services jumped 8.86% to Rs 195.45 after the NBFC said that it has recorded a disbursement of approximately Rs 4,080 crore in September 2022, delivering a 110% year on year (YoY) growth.

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