Jefferies said banks expect sector credit growth to moderate towards 12-13 per cent this year but timeline may be longer as corporate may prefer bank loans (floating rate) over bonds (fixed rate) at start of falling rate cycle.
Hindustan Zinc shares would turn ex-dividend today. Hindustan Zinc had announced an interim dividend of Rs 26 per share. The dividend will be paid on April 20. It had also announced Rs 13 per share dividend in January.
Hindustan Zinc, SBI Cards, Indraprastha Gas Ltd, Angel One, CRISIL and several other stocks will trade ex-dividend this week with respect to the interim and final dividends announced by the companies. Watch this Business Today Visual Story to check the full list of stocks that will trade ex-dividend this week.