Central bank chief Sanjay Malhotra confirms large core investment companies must meet public listing rules, underlining regulatory consistency.
Strong quarterly performance and expanding assets under management highlight sustained domestic economic momentum and financial sector stability.
Strong operational momentum and rapid loan expansion doubled revenue, while headline net profit reflected the exclusion of prior dividend gains.
Net interest income expanded by 80 per cent as asset quality improved across retail lending operations.
The board-approved fundraising plan comes as the NBFC's share price has slipped 10 per cent over the past month.
The Reserve Bank of India has rejected the holding company's bid to remain private, paving the way for a massive stock market debut.
