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The investment was made in InCred Holdings Ltd, the parent of tech-driven NBFC InCred Financial Services, which operates across consumer, SME, and education lending.
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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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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
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