The Q4 results of the private banks as well as state-run lenders were mixed with net interest margins surprising positively for larger banks, but growth remaining elusive. Banks delivered a credit growth of 11% year-on-year (YoY).
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Sensex crashes 1,400 points: Trump tariffs among 5 key factors that dragged Indian stock market today
Stock market crash today: The Indian stock market suffered strong losses on Tuesday, April 1, amid heightened uncertainty overthe US administration’s impending reciprocaltariffs.
‘Buy’ City Union Bank, Maintains ICICI Securities, Sees New LOS To Boost Efficiency, Scale, Risk Management
We recently interacted with senior management and select business heads of City Union Bank (CUBK). The bank reiterated its growth guidance of 12–14% YoY for FY25 and acceleration to 15–16% YoY for FY26.
Adani Group stocks jump up to 5% after short-seller Hindenburg Research shuts down operations
Adani Group stocks jumped over 5% on Thursday after Hindenburg Research, the short-seller behind the $100 billion Adani Group shares sell-off, is shutting down.
Hindenburg news Updates: Nate Anderson disbands Hindenburg, Adani shares open high
Hindenburg news Updates: Hindenburg Research’s founder Nathan Anderson said he would disband the firm whose reports sparked heavy short-selling by investors and investigations by authorities, wiping billions from the market values of companies including India’s Adani Group and U.S.-based Nikola.