Regional bank stocks plunged heavily on Thursday as turmoil in the banking system continues after JPMorgan Chase’s purchase of the failed First Republic Bank.
can move. something that perhaps we didn t stand to see so much before but now you are seeing customs ready to move their money from bank to bank at the that hatch. i to move their money from bank to bank at the that hatch. bank at the that hatch. i was ust thinkin: , bank at the that hatch. i was ust thinking. you fl bank at the that hatch. i was ust thinking, you can i bank at the that hatch. i was ust thinking, you can move bank at the that hatch. i wasjust thinking, you can move deposits| thinking, you can move deposits quickly but you can also move money quickly. i think one aspect of the story, there are lots of investors who have shorted us banking stock. to what extent do you think short selling is the behind it? it to what extent do you think short selling is the behind it? selling is the behind it? it goes that idea that selling is the behind it? it goes that idea that trust selling is the behind it? it goes that idea that trust can - selling is the behind it? it
Axis Bank s bottomline was hit by the cost of purchasing Citi Bank s India consumer business, excluding which, it posted a significant 61 percent on-year growth
IndusInd Bank shares: Nuvama Institutional Equities said while valuations are cheap, it does not see near-term triggers for the stock due to uncertainty around core deposit growth and cost of funds.