Optimistic surprises in banks’ earnings unlikely as there is no such thing as a scope for NIM enlargement: Kotak Securities

Optimistic surprises in banks’ earnings are unlikely as there is no such thing as a scope for NIM (internet curiosity margin) enlargement, whereas the outlook on mortgage progress seems to be exhibiting indicators of moderation from present ranges, Kotak Securities Ltd (KSL) stated in a report. Additionally learn: Cautious Kotak MF restricts inflows into small-cap … Read more

RBI takes motion in opposition to Paytm Funds Financial institution Ltd by Banking Rules Act, says press launch

The Reserve Financial institution of India, in train of its powers underneath Part 35A of the Banking Regulation Act, 1949, had put sure enterprise restrictions on Paytm Funds Financial institution Ltd (PPBL or the financial institution), vide Press Releases dated March 11, 2022 and January 31, 2024. Additionally learn:No evaluation of motion taken in opposition … Read more