May 22, 2024

Report Wire

News at Another Perspective

From Bandhan Bank to Yes Bank: Here are key shares to look at on April 6

2 min read

The benchmark fairness indices on BSE and National Stock Exchange (NSE) snapped out of a two-session successful streak and ended decrease on Tuesday. The S&P BSE Sensex fell 435.24 factors (0.72 per cent) to settle at 60,176.50 whereas the Nifty 50 declined 96.00 factors (0.53 per cent) to finish at 17,957.40.

Here are the important thing shares to look at on Wednesday, April 6, 2022:

Bandhan Bank

Bandhan Bank on Tuesday mentioned its mortgage e-book crossed the Rs 1 lakh crore-mark for the primary time in January-March 2022, registering a rise of 16 per cent in comparison with the identical interval a yr in the past.

The financial institution’s whole mortgage stood at Rs 1,01,359 crore throughout This autumn of FY22.

Deposits grew at a a lot greater tempo of 24 per cent year-on-year to Rs 96,331 crore, of which the low-cost CASA (Current Account Savings Account) deposits grew 18 per cent to Rs 40,072 crore, the financial institution mentioned.

Poonawalla Fincorp

Poonawalla Fincorp on Tuesday mentioned its property below administration (AUM) grew 17 per cent year-on-year to Rs 16,575 crore on the finish of the quarter ended March 31, 2022.

The AUM progress was 9 per cent quarter-on-quarter.

The property below administration for the housing finance subsidiary Poonawalla Housing Finance Limited crossed the Rs 5,000 crore milestone, the corporate mentioned in a launch.

Marico

FMCG main Marico on Tuesday mentioned its home enterprise within the January-March quarter stayed comparatively agency, helped by “low single-digit” income progress and marginally constructive volumes.
The firm expects a “marginal growth” in income in This autumn resulting from an increase in enter prices and better promoting and promotional spending.
The “consolidated revenue growth in the quarter touched high single digits,” mentioned Marico in its quarterly replace for This autumn FY22.

Yes Bank

Yes Bank on Tuesday mentioned its web advances grew by 8.8 per cent to Rs 181,508 crore within the fiscal ended March 31, 2022.

The financial institution’s web advances had been at Rs 166,893 crore within the earlier fiscal ended March 2021.

Of the online advances throughout FY22, the gross retail disbursements stood at 10,324 crore, Yes Bank mentioned in a regulatory submitting.

-with PTI inputs

Copyright © 2024 Report Wire. All Rights Reserved