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Gautam Adani in talks with banks to borrow $600 million for gas unit: Report

He loan will be raised by Dhamra LNG Terminal Pvt, a unit of Adani Total Pvt, Bloomberg reported quoting people in knowledge of the development. The debt’s tenor could range from three to five years, with the pricing likely linked to the Secured Overnight Financing Rate ....

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South Indian Bank Q4 net profit dips 14% to Rs 288 crore

The private sector bank posted a net profit of Rs 333.89 crore in the January-March period of the 2022-23 fiscal year. ....

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Core performance drives HDFC Bank to post 20 per cent jump in Q4 net profit- The New Indian Express

For the entire fiscal, it reported a 20.9 per cent increase in the net profit at Rs 45,997.1 crore. ....

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Muthoot Finance Q4 net profit up 22% at Rs 996 cr; loan assets up 26%

The company had posted a standalone profit after tax of Rs 815 crore in the year-ago period.
For the full year, the standalone net profit rose by 23 per cent to Rs 3,722 crore as against Rs 3,018 crore in FY20.
We have seen good business growth during the last year, especially in the second and the third quarters. After the pandemic, there was a lot of demand for gold loans.
Everybody wanted to restart their business and wanted quick funding, which is why the demand for gold loans grew, its Managing Director George Alexander Muthoot said.
The lender was able to grow its asset under management (AUM) in gold loan segment by 27 per cent in FY21 compared to a growth of 22 per cent in the previous year. ....

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Lupin Q4 net profit up 18% at Rs 460 cr; FY21 profit at Rs 1,216 cr

Read more about Lupin Q4 net profit up 18% at Rs 460 cr; FY21 profit at Rs 1,216 cr on Business Standard. Drug maker Lupin on Thursday reported an 18 per cent increase in its consolidated net profit at Rs 460 crore for the fourth quarter, driven by robust sales across domestic and international markets ....

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