Net Interest Income (NII) is expected to increase by 36 percent Y-o-Y (up 2 percent Q-o-Q) to Rs. 753.4 crore, according to Kotak.
Symphony, UtlraTech Cement, and RBL are on the radar of Geojit Financial Services
It is better to go via mutual fund route if one is not equipped to spend enough time in the market and understand the various nuances of investing.
In the statement issued to bourses following media reports that IndusInd and BFI (formerly SKS Microfinance) are likely to announce a merger in an all-stock deal, the bank said the management has been authorised to evaluate strategic opportunities for business expansion.
Speaking to CNBC-TV18, Vishwavir Ahuja, RBL Bank‘s Managing Director and Chief Executive Officer, said unexpectedly high loan growth in the third quarter had put it on track to meet its annual guidance of 30-35 percent.
RBL will be make its market debut today. It is first private bank to hit capital market since YES Bank in 2005. The issue was sunscribed over 69 times. Issue price fixed at the upper end of price band of Rs 224-225 per share.
As per the latest weekly update of the processing status of draft offer documents filed with the Securities and Exchange Board of India (Sebi), regulator said clarifications were awaited on the proposed initial public offers (IPOs) of RBL Bank and Matrimony.Com as on September 25.
Repco Home Finance (RHFL) is making a fresh issue of 1,57,20,262 equity shares of Rs.10 each at a price band of Rs 165 to Rs 172. The offer is being made through 100% book building process wherein not more than 50% of the net issue.