The issue is likely to hit market in the first quarter of 2022; 10 merchant bankers have already been shortlisted by government
Higher slippages should be looked at in the context of no moratorium, negligible use of restructuring, already improving recoveries.
On a sequential basis, the company's net profit declined over 62% from Rs 759.2 crore in the March quarter.
By the end of 2021, it is expected that the Hyderabad office will grow to 800 employees of which about 70% employees will be new hires.
Retail business is set to be the next growth engine for RIL, with the potential for retail EBITDA to grow 10x over 10 years, Goldman Sachs said
Overall, most indicators still suggest that the impact has been less severe than it was in Q2 (April-June) last year, Goldman Sachs said