Citigroup maintains sell rating on RBL Bank with Rs 257 target. Macquarie has outperform rating on D-Mart with Rs 4500 target. Avenue Supermarts shows stable sales growth. Federal Bank also under Citigroup s sell rating at Rs 135.
L&T Finance explores exiting realty projects lending business : Rashtra News #Finance #explores #exiting #realty #projects #lending #business L&T Finance is exploring "inorganic structures" to exit the real estate projects lending business or at least reduce its exposure in the segment by partnering with other financiers, a top company official said on Monday. The company
The company recorded its highest-ever quarterly retail disbursements at ₹14,531 crore, up 25% year-on-year led by a 31% growth in its retail book which increased to ₹74,759 crore from ₹57,000 crore a year earlier.
Leading private lender Axis Bank s standalone net profit rose 4% year-on-year to Rs 6,071 crore in the October-December 2023 period. Net interest income (NII) in the third quarter rose 9% to Rs 12,532 crore.