Articles for tag: finance, lending, profitability

Rajiv Sharma

Bank's profit down 24%, shares rising in recovery mode, priced at ₹205

Bank’s profit down 24%, shares rising in recovery mode, priced at ₹205

In the world of finance, quarterly results serve as significant indicators of an institution’s performance. Recent reports have highlighted the financial outcomes of a certain bank over two consecutive quarters, showcasing a substantial growth in profitability. This article delves into the details of these results, offering insights into the factors contributing to the bank’s performance. ...

Rajiv Sharma

Ambani to distribute loans via deal with US company.

Ambani to distribute loans via deal with US company.

Mukesh Ambani, one of the world’s most prominent business magnates, continues to make headlines as he forges influential partnerships within the financial sector. The latest development involves a potential collaboration between BlackRock Inc., the world’s largest asset management firm, and Jio Financial Services Limited, a subsidiary of Ambani’s Reliance Industries. Together, they are poised to ...