The RBI has cancelled Paytm Payments Bank’s licence, citing regulatory lapses and depositor interest concerns, and barred the entity from carrying out any banking operations with immediate effect.
Reliance Industries retail Q4 revenue edges higher while EBITDA stays flat and margins soften. Shares of Reliance Industries ended lower on Friday, April 24, by 1.16% at ₹1,327.80 on the NSE.
DCB Bank Q4 profit and NII rise over 16%, asset quality improves, board okays fundraise and dividend. Shares of DCB Bank ended marginally higher on Friday, April 24, by 0.77% at ₹193.37 on the NSE.
Onesource Specialty Pharma and Shaily Engineering Plastics gained as investors bet on India’s role in the global GLP-1 semaglutide supply chain, despite Onesource’s weak Q3 results
IndusInd Bank reported a Q4 profit beat with strong NII growth and improving asset quality. NPAs declined sequentially, while capital adequacy and deposits remained steady during the quarter.
SEBI allows FPIs net fund settlement for outright cash market trades by December 31 2026, aiming to cut liquidity needs, mixed buy sell trades stay on gross basis.
Shares of Mahindra & Mahindra Financial Services Ltd ended at ₹295.00, down by ₹1.90, or 0.64%, on the BSE.
India gold premiums hit 2.5 month high on supply squeeze and tax uncertainty, while rising demand in China lifts Shanghai premiums despite weaker global prices.
Atul Ltd Q4 net profit jumps 66% to ₹210 crore, revenue up 15%, margins improve, FY26 profit rises, consolidated total income stood at ₹1,759.64 crore for the quarter. Board recommends ₹30 dividend.
Shriram Finance reported strong Q4 earnings with profit rising 41% and core income growth of 21%, while asset quality remained largely unchanged. Shares gained over 1% post results.