Amid trends on SGX, Nifty indicate a flat start for a flat to positive opening for Indian benchmark indices on April 28. Axis Bank The company reported a profit of Rs 2,677 crore in Q4 FY21 against a loss of Rs 1,388 crore in the corresponding period last year. Bajaj Finance The company reported a higher consolidated profit at Rs …
The stock market had zoomed for the fifth consecutive day with the indices closing at fresh record highs. Britannia: In its December Quarter results, the company reported a profit of Rs 452.6 crore witnessing an increase of 22.4 percent against Rs 368.9 crore in Q3 FY20. Punjab National Bank: The bank reported an 18.5 percent sequential decline in its profit …
Mutual funds in India saw their net foreign liabilities drop by 18% in FY20, a Reserve Bank of India report published on Tuesday showed. Since then, the markets have recovered close to their all-time highs, and foreign assets of mutual funds have also increased, albeit from a low base, as domestic investors parked more money with mutual funds investing outside …
The board of the Reserve Bank of India has approved the transfer of ₹57,128 crore as surplus to the government for the accounting year 2019-20, while deciding to maintain the Contingency Risk Buffer at 5.5%, the RBI said in a statement on Friday. “The Board reviewed the current economic situation, continued global and domestic challenges and the monetary, regulatory and …