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The Great Bank Robbery!
Did you know #JSBL has avoided paying Rs. 6.3bn for control of #BIPL and got it for free?
Let me tell you how!
Did you know #JSBL has avoided paying Rs. 6.3bn for control of #BIPL and got it for free?
Let me tell you how!
BIPL was historically a problem child that was plagued by bad lending (non-performing loans), high cost of deposits and insufficient capital base due to provisioning.
However, the Bank managed to turn around posting record profits and paying major dividend.
However, the Bank managed to turn around posting record profits and paying major dividend.
JS group has had limited direct interest in BIPL through JSCL, its subsidiary
