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‘We will grow our loan book by 7-10% in FY22’ : Rashtra News #grow #loan #book #FY22 Bank of Baroda (BoB) is on track to clock credit growth between 7-10% in FY22 and expects to grow in double digits in FY23, MD & CEO Sanjiv Chadha tells Shritama Bose. At the same time, the bank ....
FY22 Report Card: India Inc to see earnings downgrades in FY22 : Rashtra News #FY22 #Report #Card #India #earnings #downgrades #FY22 With the trend in results during the December 2021 quarter somewhat mixed, at least 55-60% of companies are likely to see earnings revised downwards, although in many instances the cuts may be very small. […] ....
Nearly half of Byju s losses–around Rs 3,800 crore– have come from stressed assets like Whitehat Jr and Osmo–two key acquisitions made by the company. Byjus auditor BDO has however made an observation on the ongoing concern on the $1.2 billion term loan which indicates that a ‘material uncertainty exists. ....
India Business News: Byju's losses surge to Rs 8,245 crore in FY22. Auditor cites "material uncertainty" over loan repayment. Byju's valuation drops to $1 billion. Byju's ....
Fintech major BharatPe’s net loss widened to Rs 941 crore during FY23, compared with Rs 834 crore in the previous fiscal. “We excluded the loss worth 4,782 crore in FY22 which it incurred due to change in fair value of compulsory convertible preference shares,” according to an Entrackr report, citing BharatPe’s annualised financial statement shared with shareholders. BharatPe Witnessses Net Loss of Rs 941 Crore in FY23 Compared to Rs 834 Crore in FY22: Report. ....