A decade ago, it began with a single renewable energy project.
Today, Adani Green Energy has grown to 20 GW of operational capacity—helping generate over 52 billion units of clean electricity every year. That’s enough to meet nearly 3% of India’s annual electricity needs.
As India grows, so does the need for clean, reliable energy. We’re proud to be helping power that future—one renewable project at a time.
Read more: https://t.co/8Y7zVbwcBV
#AdaniGreenEnergy #RenewableEnergy #CleanEnergy #EnergyTransition #NationBuilding
#JustIn | Bajaj Finance: @RBI lifts restrictions on eCOM & online digital insta EMI card with immediate effect. Company can now resume sanction & disbursal of loans in these 2 biz segments including issuance of EMI cards
Polycab's market cap surpassed Havells. #Polycab is now the most valuable wires and cables company in India after today's move, crossing the $10 billion mark
#2QWithCNBCTV18
.@ICICIBank – Q2FY24 – Firing on all cylinders, in the best possible manner (on many verticals / segments)
RECORDS GALORE AT ICICI BANK IN Q2FY24:
1.Quarterly ROA remains at all time high of 2.41%
2.Quarterly ROE of 19.1% is perhaps the highest that the bank has seen in 9 years or more
3.GNPA ratio and NNPA ratio are the lowest in 9 years or more at 2.48% & 0.43%QOQ
4.Deposit growth of 18.8%YOY is the best in 10qtrs
5.QOQ, loan growth of 5.01% is the best in 6qtrs
6.Overseas book NIM at 1.56%; highest in 28qtrs or 7 years
7.Unsecured book is the highest in 24qtrs or more; at 20.75% of the loans (aiding NIM)
8.Subs PAT at Rs1878cr; is the highest ever due to: 11qtr high PAT for ICICI Life; All time high qtrly PAT for ICICI Pru, ICICI Sec & ICICI Home
9.Restructured book at 0.32% is the lowest in 11qtrs
10.Annualised slippage ratio of 1.69% is the lowest in 11qtrs
On the flip side:
https://t.co/kfIB4zAGXW ratio at 40.75% vs 43.3%QOQ; lowest in 35qtrs; CASA per branch at Rs84.5cr, lowest in 9qtrs
b.Watchlist increases by 12%QOQ to Rs4789cr vs Rs4276cr, forms 0.43% of loans vs 0.4%QOQ
c.Treasury reports loss, similar to Q2FY23
P&L beats Poll, Rs cr
NII at 18307.9 vs 18245.9
PAT at 10261 vs 9513.3
I am delighted that the RBI has approved our recommendation, Ashok Vaswani,as the next CEO of Kotak Mahindra Bank. Ashok is a world class leader and banker with digital and customer focus . I am proud that we bring a ‘Global Indian’ home to build Kotak and India of tomorrow.