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"With the ever-evolving business landscape, we continued to develop cutting-edge digital payment technologies. We remained committed to generating greater value for our millions of merchants and accelerating their business growth online," IAL Managing Director Vishal Mehta said.

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“In the first quarter of the coming fiscal year, we should see a very robust number close to 17% or over and that is going to help to pull things up. ”

Stock market update: Nifty Bank index advances 0.76%

Updated at : 2022-01-31 18:20:03

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The Nifty Bank index closed 0.76 per cent up at 37975.35.

Gold declines marginally; silver drops Rs 27

Updated at : 2022-01-31 18:20:03

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In the international market, gold was trading lower at USD 1,788 per ounce and silver was flat at USD 22.42 per ounce.

"Nifty is struggling to show a conviction close above 17,350, and this could be the level to watch for. A break above 17,350 will mean a rally to 17,600-17,650. On the lower side, support is at 17,250, a break below this will mean a drop to 17,050-17,100. Brace for extreme volatility in coming days," Shah said.

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"Due to unprecedented input cost inflation, profitability has been adversely impacted," MD & CEO Subir Chakraborty noted.

Sovereign bond yields, which are the benchmarks on which the overall cost of borrowing in the economy is based, have displayed a sharp upward trajectory over the past couple of months

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The total revenue from operations came in at Rs 1,99,375.30 crore, up 35 per cent against Rs 1,47,676.04 crore in the corresponding quarter last year

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Meme tokens including Shiba Inu and Dogecoins have plunged more than 70 per cent from their peaks

“MSME has been one of the sectors, most adversely affected by successive waves of coronavirus. To revive the sector, the Emergency Credit Line Guarantee Scheme (ECLGS) should be extended beyond March 2022 with additional funding support as it will ensure credit flow to MSMEs."

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