Union Bank of India on Wednesday said it will sell its 8 per cent stake in India SME Asset Reconstruction Company.
The bank had capital adequacy ratio of 13.92 per cent with tier I of 11.75 per cent at end of December 2021
The RBI left key rates - repo and reverse repo unmoved at 4 per cent and 3.35 per cent, respectively.
NII rises 8.9% to Rs 7,174 cr; gross NPAs declin to 11.62% in December 2021 from 13.49% a year ago
Inverse Head and Shoulder in HDFC Bank may incline market participants to add the stock to their portfolio