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Banking sectors net profit rose just 4.9% YoY in Q4 FY25the slowest in 17 quartersdue to weak private bank performance, SBIs earnings drop, and pressure on margins. Upcoming rate cuts and liquidity measures may ease stress ahead.
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News and Media
Indogulf Cropsciences IPO will open on June 26 and close on June 30, with a price band of Rs 105111 per share. The Rs 200 crore issue includes a Rs 160 crore fresh issue and an OFS of over 36 lakh shares. Proceeds will fund working capital, debt repayment, and a new DF plant in Haryana.
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News and Media
BSE Ltd and InterGlobe Aviation may soon be part of the Nifty 50 index. A reshuffle is expected in August. The revised list will likely be effective from September. IndusInd Bank and Hero MotoCorp might be removed. BSE is expected to meet all requirements. IndiGo has shown consistent market presence. BSE shares have given great returns.
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