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Top headlines: Private banks' Q2 profit soars, FB changes name to Meta

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Paytm will be the most valued unicorn in the country at around $20 billion (Rs 1.48 trillion) when it launches its initial public offering on November 8. More on the story in our top headlines this morning.

Private banks' Q2 profit soars 26% as economy shows signs of recovery

The net profit of private banks rose 26 per cent (year-on-year) in the July-September 2021 quarter (Q2) and 21.9 per cent sequentially over March-June 2021 (Q1), marking a phase of recovery in the economy and credit demand. Read more.
 
Paytm pegs IPO at $20 bn valuation, Vijay Sharma says