TheSpuzz Desk

Upcoming IPO: Ashish Kacholia-backed Sri Lotus Developers and Realty files DRHP with SEBI to raise  ₹792 crore via IPO | Stock Market News

Upcoming IPO: Ashish Kacholia-backed Sri Lotus Developers and Realty files DRHP with SEBI to raise ₹792 crore via IPO | Stock Market News

Source: Live Mint Mumbai-based real estate developer Sri Lotus Developers Limited has filed its draft red herring prospectus (DRHP) with the markets regulator, the Securities and Exchange Board of India (SEBI), on Thursday, December 26. The company aims to raise nearly ₹792 crore through its book-built initial public offering (IPO). The real estate developer is…

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Indian banks’ balance sheets stay robust, bad loans decline more, central bank report says

Indian banks’ balance sheets stay robust, bad loans decline more, central bank report says

Source: Live Mint MUMBAI, Dec 26 (Reuters) – Indian banks’ financial position has stayed robust, marked by the sustained expansion in loans and deposits, while their gross bad loan ratio has dropped to multi-year lows, a central bank report showed on Thursday. Banks’ gross non-performing assets ratio (NPA), or the proportion of bad assets to…

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