Japanese lender SMBC has acquired an additional 4.22 per cent stake in Yes Bank, raising its holding to 24.22 per cent and becoming the largest shareholder. The move coincides with fresh AA- ratings for Yes Bank, signalling stronger governance, capital position, and performance
"Of the total contracted quantity of 3 billion litres for ethanol supply season 2020-21, 0.8 billion litres of ethanol had been supplied till the first week of March, indicating a blending rate of around 7 per cent
Ind-Ra now expects third quarter to see contraction at 0.8 per cent and fourth quarter to print in 0.3 per cent growth as against the earlier expectation of positive numbers only in July-September 2021-22.