ESAF Small Finance Bank shares list at 20% premium over IPO price
November 10th, 2023 10:27
ESAF Small Finance Bank has a focus on unbanked and under-banked customer segments, especially in rural and semi-urban areas. The AUM grew from Rs 8,426 crore to Rs 16,320 crore from FY21-23, registering a CAGR of 39.22%, the highest CAGR among peers. For the three months ended June, the lender's total income rose 34% year-on-year to Rs 992 crore, while net profit was up 22% to Rs 130 crore.
Deflation is the last thing Chinaâs recovery needs
November 10th, 2023 10:27
Price increases elsewhere are cooling, though still a way from their comfort zones. For policymakers in Beijing, the challenge is of a different nature: escaping the specter of deflation. For all the reasonably positive short-term news on growth in China, declining prices point to anemic levels of demand
Apple supplier Luxshare to invest $330 million more in northern Vietnam
November 10th, 2023 10:27
The new facility at Luxshare-ICT, Luxshare#39;s arm in Vietnam, will be on a plot of 29.1 hectares (72 acres) and will produce cables for smart devices, communications equipment, touch pens, smart positioning tags and smartwatches, Bac Giang authorities said in a statement dated Wednesday.
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