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The bank said it has made additional Covid-related provision of Rs 2100 crore covering 2.8% of its portfolio, and it might not need to top it up substantially going forward if the current repayment trend continues, bank chief executive Chandra Shekhar Ghosh told ET.
Adani Green Energy posts over fourfold increase in Q4 net profitIn the quarter ended on March 31, net profit came in at Rs 507 crore, against Rs 121 crore a year earlier, it said in a regulatory filing. For FY23, the company's net profit almost doubled to Rs 973 crore from Rs 489 crore.
… Read MoreFed hikes rate by 25 bps but signals possible pause in tightening cycleBut the accompanying policy statement dropped language saying that its rate-setting Federal Open Market Committee still "anticipates that some additional policy firming may be appropriate in order to attain a stance of moneta… Read MoreStock Radar: Buy Indian Hotels for Rs 385 in next 2-3 weeks, says Shivangi Sarda of Motilal Oswal Financial Services Ltd.
from Stocks-Markets-Economic Times https://ift.tt/Kqgfavk
… Read MoreStock Radar: Buy REC for a target of Rs 145 in next 1-2 months, says Gaurav Bissa of InCred Equities
from Stocks-Markets-Economic Times https://ift.tt/J6Sv7Kf
… Read MoreRisk-reward attractive in RIL, AGM to give colour to JFS, Retail ops: JPMorganJPMorgan Chase has retained its "overweight" rating for Reliance Industries, stating that the oil-to-telecom conglomerate's stock offers an attractive risk-reward to investors. Despite worries surrounding declining refining m… Read More
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