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Bandhan Bank Q1 profit jumps 35% as provisions decline sharply
Bandhan Bank reported a 35% rise in Q1 net profit to Rs 502 crore, driven by lower provisions despite weaker operating profit. Gross NPAs improved,
Sebi asks depositories to put in place operational framework to implement buyback rules from Aug 1
Market regulator Sebi has required tht depositories must implement a new promoter holding freeze mechanism by August 1. This framework will cover ISIN-level freezing and
Anant Raj to demerge data centre arm into separately listed company
Anant Raj will demerge its data centre and cloud business into Ashok Cloud Pvt Ltd, creating a separately listed digital infrastructure company. The move aims
ICICI Bank eyes $500 million dollar bond issue via GIFT City
ICICI Bank is close to raising at least $500 million through five-year dollar bonds via its GIFT City unit, leveraging the RBI’s concessional swap facility.
Oil prices to hit $120 soon? Goldman Sachs makes big prediction as Hormuz concerns loom
Goldman Sachs has warned Brent crude could spike to $120 per barrel if disruptions through the Strait of Hormuz persist, though its base case assumes
Bigger crash ahead? JPMorgan CEO Dimon says he won’t buy stocks at current prices, says markets underestimating risks
JPMorgan CEO Jamie Dimon warned that investors are underestimating geopolitical and fiscal risks, saying he would avoid buying stocks or US Treasury bonds at current