Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company. Act, of even date, has raised income tax demand (including interest), amounting to Rs. 2209.17.
Litigation creates a contingent liability that is not in reported profit until it crystallises.
Prior statements by this company that CapitSignal has recorded changing.
Manufacturing has now been in expansion mode for 37 straight months.
Industrial production hit a 5-month high, led by capital goods.
So, if you look through the last 3 years, our Bank actually has possibly delivered the best outcome on Cost of Deposits as compared to the industry at large.
One area of pressure was inflation, which rose to a 17-month high of 4.4% on food and fuel costs, prompting RBI to lift its inflation projection to 5.1%.
One area of pressure was inflation, which rose to a 17-month high of 4.4% on food and fuel costs, prompting RBI to lift its inflation projection to 5.1%.
So, if you look through the last 3 years, our Bank actually has possibly delivered the best outcome on Cost of Deposits as compared to the industry at large.
