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Awfis Space Solutions IPO to open on May 22; Fixed issue price at ₹364-383 apiece

Awfis Space Solutions is a flexible workspace solutions company catering to the needs of individuals, start-ups, SMEs, and large corporations.

Top banks increase loan write-offs in September quarter

Moneycontrol s analysis of data from 14 banks shows that five of the seven top lenders which have declared their quarterly results posted a higher level of write-offs compared to the previous a year. Banks may now start working on maintaining business flows, experts say

What is driving investor interest in public sector banks?

Post the pandemic phase of Covid, PSBs have moved into a high-growth orbit, with record profits and improvement in asset quality, which perhaps has renewed investor interest in them. Many PSB stocks have emerged as star performers, beating their private sector counterparts.

Indian banks write-off Rs 34,428 crore in Q1 FY24

PSU bank account for 80 percent of the total write-off in the reporting quarter, with private banks accounting for the remaining.

Reliance's Q1 net profit, revenue seen down on weak refining margins