Operating expenses remain elevated, going into the merger
Shriram City Union Finance (SCUF) reported Q2FY23 PAT of Rs3.5bn, coming in 2% below our estimates due to hig..
Kotak Mahindra Bank (KMB) posted a 7% beat on PAT at Rs25.8bn, mainly owing to better margins and continuation of the contingent-provision drawdown leading to lower LLP, ..
A performance second to none
Bank continues to report strong core profitability, at 25% YoY, on the back of robust credit growth, sharp margin uptick and contained ope..
Computer Age Management Services is currently trading at Rs. 2610.25, up by 13.75 points or 0.53% from its previous closing of Rs. 2596.50 on the BSE.
The scrip opened..
Zoho Corporation on Wednesday said that its integrated platform Zoho One now supports 50,000 organisations across more than 160 countries and in India, Zoho One has seen ..
Growth returning is a positive, focus on market share gain complements the same
Sundaram Finance’s (Sundaram) Q1FY23 result was highlighted by growth returning i..
The job market in India picked up pace ahead of the festive season as a report showcased a spurt in hiring activity this month with the Naukri JobSpeak index record..
We visited Bengaluru (the topmost credit market in Karnataka, with advance base of ~Rs5trn) and Tumakuru (the 7th largest, Rs112bn) – to interact with key market pa..
Gauging MSME credit pulse (Source: TransUnion CIBIL and SIDBI) suggests: i) MSME credit demand has gathered pace to 1.6-1.7x of pre-covid levels; ii) MSME disbursements w..
Payment service provider NTT DATA Payment Services India (earlier Atom Technologies) on Monday said it has received an in-principle approval from the Reserve Bank of Indi..
The RBI has released a discussion paper, calling for suggestions by Oct 3, 2022, on revisiting the charges on different payment systems. Based on the potential suggestion..
* Positive surprise on growth, but higher opex, investment MTM hurt PPoP in 1Q:
Most banks reported strong credit growth in 1Q, led by healthy traction in retail and e..
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