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India Inc captains take lessons in leadership from Boys in Blue
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Synopsis India Inc CEOs are drawing several lessons in leadership and team performance from the Indian cricket team’s historic win over Australia in Brisbane, as they navigate a challenging business environment amid the pandemic.
Agencies
Indian players celebrating after beating Australia in the 4th test. India also won the series 2-1
Mumbai: India Inc CEOs are drawing several lessons in leadership and team performance from the Indian cricket team’s historic win over Australia in Brisbane, as they navigate a challenging business environment amid the pandemic.
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Kolkata-based private sector lender Bandhan Bank’s net profit dropped 13.5 per cent to Rs 632.6 crore for the quarter ended December(Q3), compared to Rs 731 crore in the corresponding period a year ago due to rise in covid provisions. Sequentially, net profit declined by 31 per cent. Net interest income (NII) of the lender grew at a robust pace of 34.5 per cent year-on-year to Rs 2,071.7 crore in Q3FY21, compared to Rs 1,540 crore. The non-interest income saw a 55 per cent growth to Rs 553 crore, taking the total income of the lender to Rs 2,625 crore in Q3FY21, up 38.3 per cent. Net interest margin of the lender was up 4 basis points year-on-year to 8.3 per cent.