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SBI is tapping the international markets second time this financial year. While $750 million is underwritten by global banks, an additional $250 million is made available through a green shoe option arranged by global banks including HSBC and JP Morgan.

The bank has a focus on unbanked and under-banked customer segments especially in the rural and semi-urban centres. In terms of assets under management, ESAF was the fifth-largest small finance bank as of June 30. - Our Bureau

But Indian banks were ahead of global peers on user experience and they could improve in the areas of relationship, customer onboarding, and day-to-day banking.

Uncertainty about the timing of potential rate cuts and some dismal corporate forecasts for the fourth quarter have cast a doubt on whether there could be a year-end rally for stocks.

The company had posted a consolidated net profit of Rs 179.39 crore in the same period last fiscal, Apollo Tyres said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 6,279.67 crore as against Rs 5,956.05 crore in the year-ago period, it added.

After a bruising 2022, the dominant U.S. ride-hailing company has benefited from the return-to-office push by companies and resilient travel demand despite inflation.

Indians seem to prefer investing in fixed/recurring deposits and annuities/insurance, followed by gold and Post Office Savings Scheme

Revenue for the quarter rose 9% YoY to Rs 882 crore. The Mumbai-based company reported operating earnings before interest, taxes, depreciation and amortisation (EBITDA) at Rs 251 crore, up from Rs 202 crore in the year-ago period.

Vistra said in an earnings release that net income stood at $502 million in the three months ended Sept. 30, compared to $678 million a year earlier.