This can be attributed to the pressure of higher core inflation
FCCB is foreign currency convertible bonds.
Here are some stocks that may show significant price movement today.
Loan amount will be mainly used for capital expenditure.
Brent crude futures increased 38 cents to $85.32 a barrel. US crude's West Texas Intermediate gained 33 cents to $81.04 a barrel.
According to Crisil, the improvement in the high-value corporate loan books, where the gross NPAs are expected to fall below 2%, is a significant factor influencing the bank NPAs.
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