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India News: MUMBAI: International banker Ashok Vaswani, who until last year was at a senior role in British bank Barclays, will succeed Uday Kotak as MD & CEO at . ....
The profitability of banks is likely to be affected in the second quarter due to higher deposit rates and rising treasury yields. This will slow profit growth as the higher cost of funds impacts banks net interest margins. The advantage that banks had on net interest margins will decrease as deposit rates reprice higher. US-based brokerage Jefferies expects banks profit growth to slow to 12% as margins contract. ....
The analyst believes, right now, the Indian stock market is in the bear, bull and bubble phase – all at the same time. Several largecaps are in bear market, a section of mid and smallcap in bull market while another section is full of froth. ....
India Business News: Oil marketing companies are expected to lead the surge in earnings during the upcoming results season, driven by strong domestic demand. Sectors like ....