SBI, ICICI Bank may miss Q1 credit growth estimates even as PSU banks lag
The slower pace of deposit mobilisation also creates downside risk to its first-quarter deposit growth estimates for both SBI and ICICI Bank.
Read MoreThe slower pace of deposit mobilisation also creates downside risk to its first-quarter deposit growth estimates for both SBI and ICICI Bank.
Read MoreSeveral marquee companies, including Reliance Jio, National Stock Exchange, SBI Mutual Fund and PhonePe, are expected to anchor the second-half IPO calendar. Together, three or four large offerings could account for almost $8-9 billion of the year’s fundraising, underscoring the…
Read MoreThe RBI has sought comments from the public by August 17 on its draft proposals titled ‘Guidance on Regulatory Expectations for Data Governance.’ These seek to strengthen controls over the growing use of external service providers, technology vendors and group…
Read MoreIn Thursday’s trading session, further depreciation of the Indian rupee is anticipated due to soaring oil prices and escalating tensions between the US and Iran. This month, the rupee has plunged considerably, approaching its record low. The support previously provided…
Read MoreThe United States on Wednesday targeted Iran’s coastal defence systems and missile sites after reimposing a naval blockade on Iranian ports. In response, Iran warned that it could further restrict regional energy exports, saying it was fighting an “existential war”…
Read MoreThe Institute of Chartered Accountants of India has paused its global networking guidelines. These guidelines encouraged domestic firms to form international partnerships and register. Major audit firms opposed registration and sharing sensitive operational details. Stakeholder concerns and ministry input prompted…
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