In the 2024 Budget, the Narendra Modi government has an opportunity to bring clarity on the Indian government’s thinking on regulation of virtual assets. Will that happen this time?
Some of the key factors investors should watch out for post the Q3 results are: the outlook on retail deposit mobilisation, the margin trajectory, and the management s growth outlook.
Banks gross non-performing (GNPA) ratio fell to a fresh decadal low of 3.2 percent at the end of September 2023, while consolidated balance sheets expanded by 12.3 percent in FY23, as per the RBI’s latest report
India s exposure in the global asset allocation market is accidental as India continues to sit in the emerging markets bucket. As the economy edges near the $4 trillion threshold, a change in perception can help India catapult as a separate asset allocation item