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Important news, must-read stories on NDTV Profit on Friday.
IndusInd Bank's consolidated net profit rose 2% year-on-year to Rs 2,171 crore in the quarter ended June 2024.
Photo Credit: Banks official Facebook page
Regarding FDI from China, Sitharaman said that to her knowledge, there have been no discussions.
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However, public finance metrics, in general, remain a weakness in India’s credit profile, the ratings agency said.
Photo Credit: X/Ministry of Information and Broadcasting
Asset quality for the lender worsened, with gross non-performing asset ratio rising 39 basis points quarter-on-quarter to 4.23%.
Photo Credit: Anirudh Saligrama/NDTV Profit
The company's standalone net profit increased 0.2% year-on-year to Rs 594 crore for the quarter-ended June.
Photo Credit: SBI Elite Credit Card
ITC's cigarettes business witnessed consolidation on a high base after a period of sustained growth momentum, Puri says.
Photo Credit: company website
The top brass churn at the edtech, which focuses on preparation for various Indian job exams, comes after it laid off about 300 employees in October last year.
Photo Credit: Company