The way to play banking shares in a rising charge state of affairs

Practically ₹6-lakh crore of extra liquidity has virtually dried in about six months. Benchmark charge or repo has risen from 4 per cent till Might 4, 2022, has risen to five.9 per cent, a stage final seen in 2018. There could also be one other 50–75 foundation factors (bps) hike to abdomen, going by the … Read more

Sure Financial institution Q3 revenue surges however falls wanting estimates

YES Financial institution posted a web revenue of ₹231 crore for Q3 FY24, up 4.4-fold on 12 months and a couple of.8 per cent on quarter. Internet curiosity revenue (NII) was up 2.3 per cent on 12 months and 4.8 per cent on quarter at ₹2,017 crore. Internet curiosity margin (NIM) for the quarter was at 2.4 per … Read more