Global brokerage firm Nomura said the recent CRR cut is expected to benefit mid-sized banks more substantially. Banks such as IndusInd Bank, AU Small Finance Bank, and Federal Bank are likely to gain the most from the move. However, the CRR cut will also support deposit-growth-constrained larger banks like Axis Bank and HDFC Bank, Nomura
The Indian stock market witnessed a remarkable rally last week, with the Nifty50 climbing 4.2% following the ceasefire announcement in the India-Pakistan war. Responding positively to the peace deal, investors saw an opportunity to capitalise on improving market sentiment. Defence and PSU stocks saw an impressive uptick, while banking stocks, especially smaller-cap ones, found their
Synopsis When you look at the banking sector, it is not just about excel sheets. It is about the ability to differentiate between the white, black, and grey in terms of the businesses that banks finance. Today, a bank financing exporters faces more uncertainty than one giving loans to domestically-focused companies. But what happens to
Bank stocks will be in focus on Tuesday, April 22, after the Reserve Bank of India (RBI) proposed easier liquidity norms. The RBI has released the final guidelines on Liquidity Coverage Ratio (LCR), which seem to be far softer than the earlier draft guidelines. According to the central bank, these changes are expected to lead
March 25 (Reuters) – Australian shares rose on Tuesday, aided by a rise in banking and real estate stocks ahead of the government’s general budget announcement later in the day, while markets also await local inflation print for February on Wednesday. The S&P/ASX 200 index advanced 0.6% to 7,981.7 points by 2337 GMT. The benchmark