Indian banks tend to report better credit growth rates and improve poor loan situations in the April-June quarter (Q1fy23) behind a wider pickup in macroeconomic activities and due to a relatively disrupted quarter, said the words. The bank is estimated to record more than 12 percent of credit growth in the year-to-year (Y-O-Y) base during […]
As Avenue Supermarts declares results, here’s what you should do with stock
The stock price of Avenue Supermarts added almost 4 percent in early trading on July 11 after the company came out with a June quarter income. DMART Operators on July 9 reported that 490 percent of Mandiri growth in-year-year in Mandiri profit for the quarter ended in June. Mandiri’s profit jumped to RS 680 Crore […]
Morning Scan: All the big stories to get you started for the day
Bank reserve allows the completion of international trade in Rupee Reserve Bank of India has allowed the completion of trade between India and other countries in Rupee, a step to facilitate trade with Russia which is hit by sanctions. Development came when Rupees touched the lowest record of the dollar. India’s trade with Russia reached […]