The gross non-performing assets (NPA) ratio improved slightly, dropping by 0.25% to 2.88%, while advances grew by 15%.
December delivery of Brent crude futures was down 26 cents, or 0.3%, at $74.03 per barrel.
All sectoral indices except for auto ended in negative territory
As of 3:27 pm, the IPO was subscribed 3.06 times. The retail portion had received maximum bids being oversubscribed 4.81 times.
On October 21, the indices closed on a weak note, with Nifty falls below 24,800.
This contract involves the supply of traction motors to the European market, with an initial order worth ₹18 Crore, scheduled for delivery in April 2025.
Here are the stocks that may see significant price movement today.
The IPO consists of an offer-for-sale (OFS) of 48 lakh equity shares valued at Rs 721.44 crore, at the higher end of the price band
City Union Bank’s Gross Non-performing Asset, the NPA fell to 3.54% in Q2 FY 25.
The net proceeds from the fresh issue, amounting to ₹625 crore, will be used to strengthen the capital base and improve solvency levels, along with other corporate purposes.
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