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“Our CASA has grown by 12% and our CASA ratio has gone up from 37% two years back to 44% now, 300 bps up YoY, says Sanjiv Chadha. ”

JSL continued to register profitable growth by harnessing export markets, while maintaining total sales level on a year-on-year basis.

In the international market, gold was trading in the green at USD 1,812 per ounce and silver was flat at USD 22.75 per ounce.

On the technical charts, the 200-day moving average of the stock stood at Rs 114.76.

The Gautam Adani-led company is commanding a premium of Rs 22-25 in the unofficial market, merely 10 per cent over its issue price of Rs 230, which was about Rs 35 on Friday. The issue was commanding a premium of Rs 100 earlier

Most investors have chosen the “spray and pray” approach — invest across the spectrum instead of one company (in OEMs such as Tata Motors or TVS; in auto ancillaries like Greaves Cotton, Alicon Castalloy or Minda, and in software developers like Tata Elxsi or KPIT)

“We are very comfortable with the growth coming back in microfinance and also other verticals. So the growth will be diversified rather than focussed on one segment.”

Net interest income was up by 23.1 per cent to Rs 758 crore, from Rs 616 crore.

According to ET NOW sources, the government is likely to sell a 5-7 per cent stake in the IPO, to raise as much as Rs 65,000-75,000 crore from the issue.

CDSL became the first depository to register five crore demat accounts in November 2021. Moreover, 91 lakh demat accounts were opened in Q3 FY22.