Indian Bank Q2 results: Net profit soars 62% on retail growth https://ift.tt/zVwrf6d advances increased 12% to ₹4.92 lakh crore in September mainly due to a 14% increase in retail loans and a 16% growth in agriculture advances. Retail, agriculture and MSME make up 62% of the bank's loan book. Home loans grew by 13%, auto loans by 36% and personal loans grow 49%.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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