IL&FS exposure drags profit growth of Bandhan Bank

IL&FS exposure drags profit growth of Bandhan Bank

Private sector lender Bandhan Bank reported a lower-than-expected 10.3% growth in net profit to ₹331.26 crore for the quarter ended December as it classified loans given to troubled infrastructure developer IL&FS Group as non-performing.

Tata, JSW enter race for IL&FS’ renewable energy

Tata, JSW enter race for IL&FS’ renewable energy

Tata Power, Torrent, JSW Energy, Greenko, Sterlite Power and Statcraft are among the 15-plus applicants who have submitted their expressions of interest (EoIs) for IL&FS group’s renewable energy assets worth Rs 8,000 crore — the second largest vertical after roads.

1 2 3 7