System-level trends indicate that while cumulative rate cuts of 125 bps since February 2025 have eased funding costs, any significant NIM expansion may be delayed until late FY26 or early FY27. In the near term, banks are relying on portfolio…
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They come as Citi CEO Jane Fraser continues a sweeping turnaround plan designed to cut costs, fix regulatory problems and boost profits to help the bank catch up with rivals.
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The Bombay High Court has granted interim relief to several insurance companies by staying GST demands on co-insurance premiums and ceding commissions, holding that the levy appears to be contrary to CBIC circulars. The stay applies until the next hearing.
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Agentic AI is an advanced form of artificial intelligence focused on autonomous decision-making and action. Based on an analysis of more than 28,000 job postings, the report shows that Agentic AI roles are now firmly embedded within enterprise hiring, supported…
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INDIA-ECONOMY-India seeks to boost manufacturing, hit $1.3 trln in exports through deregulation, sources say
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DLF Ltd’s sales bookings declined 16 percent to Rs 16,176 crore in the first nine months of this fiscal year. This decrease was due to reduced new home supply. The company remains confident in achieving its annual sales target of…
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