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The government will also take steps to enable sourcing from external commercial borrowings and foreign direct investment in the sector to be able to deliver quality education.
The country’s largest public sector lender reported its highest-ever quarterly profit of ₹5,583 crore in the December quarter, led by an overall improvement in asset quality.
HDFC Bank informed analysts in a management call that it had shortlisted global and internal candidates to take over from managing director Aditya Puri whose tenure ends in October.
The central bank announced a second special open market operation for ₹10,000 crore on December 30. The RBI will simultaneously buy and sell government bonds to lower long-term bond yields.