In FY23, the company’s consolidated revenue from operations stood at ₹77,568.30 crore against ₹76,261.66 crore a year ago, on the back of increase in interest income on loans and other operating income. Consolidated net profit was at ₹21,178.59 crore as against ₹18,768.21 crore last year.
The government had offered over 8.31 crore shares to institutional investors on Thursday under the offer-for-sale (OFS)- route, but received bids for 28.76 crore shares or 3.46 times.
IDFC First Bank on Tuesday said that it has raised Rs 1,500 crore through private placement of Tier-2 bonds.The lender issued Unsecured, Subordinated, Rated, Listed, Non-Convertible, Fully Paid-Up, Taxable, Redeemable Basel III Compliant Tier .
NTPC To Raise Rs 5,500 Crore From Foreign Investors swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.