The bank s net interest margin has risen sharply to 3.89% for the quarter under review as against 3.55% in the year-ago period, despite the impact of rise in deposit rates.
Stocks in focus today: Share market analysts expect the gradual up move in the market to continue given the positive macro and micro factors. Blue Dart Express, IndusInd Bank, RVNL, Polycab India, Tata Communications among stocks in news on Wednesday, July 19, 2023.
Punjab & Sindh Bank, Carborundum Universal, Bank of Maharashtra, FACT, Jindal Stainless, Rail Vilas Nigam, Bharat Dynamics and IIFL Finance may move from smallcap to midcap category
Among institutional bidders who have been allotted more than 5% of the shares within the QIP include LIC, which has been allotted 8.34 crore shares or 23.77% of the total approved shares within the QIP