Some large Indian lenders’ earnings have been more robust. Kotak Mahindra Bank’s shares jumped more than 9 per cent on Monday after it posted a 10 per cent rise in quarterly profit, even as money set ...
Overall, the Government of India needs to seize the opportunity presented by the Union Budget 2025-26 to articulate its long-term economic vision, rather than getting distracted by short-term trends.
Rating agency Fitch has said that the gross non-performing assets (NPAs) of Indian banks may decline by 40 basis points to 2.4% by March 2025. It may further drop by 20 basis points in the next ...