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Bank credit growth (y-o-y) continued on its upward trajectory and stood at 14.0 per cent in June 2022 as compared with 10.7 per cent a quarter ago and 5.8 per cent a year ago, RBI revealed. Personal loans segment continued to lead the credit expansion and recorded 20.8 per cent growth (y-o-y) in June 2022. Bank credit to industry gained momentum and its y-o-y growth […]

The key equity indices traded with deep cuts in early trade as index pivotals witnessed significant selling pressure. The Nifty traded below the 17,150 level. Shares across sectors declined with auto, metal and bank stocks sliding the most. At 09:23 IST, the barometer index, the S&P BSE Sensex, was down 613.58 points or 1.06% to 57,485.34. The Nifty 50 index declined 196.10 points or 1.13% […]

The merger of its wholly owned subsidiary has no effect on the consolidated entity's revenue or EBIDTA.

NATCO estimates the current market size of CTPR containing products in India to be over Rs2000 crore.

Parent company, Imagine Marketing, is preparing for an IPO

The US Federal Reserve Chairman Jerome Powell said that the economy is witnessing a ?new normal? given the current state of the high-inflation low-growth. Addressing a Fed Listens event Friday, Powell noted the Fed continues to deal with an exceptionally unusual economic set of disruptions. As policymakers, we are committed to using our tools to help steer the economy through what has been a uniquely […]

This is pursuant to share purchase agreement by the Company and Ashoka Concessions Limited with India Infrastructure Fund (IIF).

IPO intends to raise Rs 500 crore

The NBFC said that a meeting of the management committee of the board of directors is scheduled to be held on Wednesday, 28 September 2022 to consider and approve, the issue and offer of non-convertible debentures (NCDs) on a private placement basis.

The limit of these instruments has been enhanced from Rs12,000 crore.