New Delhi, April 5 – Banks are likely to see improved profitability year-on-year (YoY) in the March quarter of FY26, driven by sustained growth in lending, higher fee income, and lower credit costs, according to a report released on Sunday.Data compiled by Systematix Institutional Equities...
New Delhi, April 2 India's systemic credit growth stood at 13.8 per cent (as of March 15), supported by liquidity buffers and a consumption-led recovery after GST cuts, a report said on Thursday.The report from Motilal Oswal Financial Services said that banks have room to further expand their...
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HDFC Bank Shares Fall Over 4% Amid Market Sell Off; Kotak Institutional Equities Upgrades Stock to Buy
Shares of HDFC Bank Ltd. declined sharply on Monday, March 9, mirroring the broader weakness in Indian equity markets during the morning session. Despite the drop in the stock price, brokerage...
BofA Flags Near Term Headwinds After Haryana Panel Removal
Multinational brokerage Bank of America Securities has downgraded IDFC First Bank Ltd. to Neutral from Buy and reduced its 12 month target price to Rs 75 from Rs 95, citing near term headwinds following the bank’s removal from the...
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