The recent CAG report reveals that most Public Sector Undertakings (PSUs) in Chhattisgarh are facing severe financial difficulties, with many of them in a state of disrepair. The report highlights significant mismanagement and lack of accountability within these PSUs, leading to their poor performance. The findings indicate a pressing need for immediate intervention and restructuring to salvage these struggling entities.
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Home Federal (HFBL) Q2 EPS Jumps 81%
Home Federal Bancorp of Louisiana (NASDAQ:HFBL) reported a net income of $1.2 million for the quarter ending June 30, 2025, significantly up from $638,000 the previous year, with diluted earnings per share rising to $0.38. The bank, serving northwest Louisiana, attributes these gains to lower funding costs and increased non-interest income, although it faces challenges with asset quality and deposit contraction. Want More Context? 🔎
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