Latest Updates Around The World
Fairfax-backed CSB Bank reported third-quarter net profit at Rs 153 crore, flat from Rs 152 crore in the same period last year, due to sharply higher provisions, after a nearly three-fold decline from Rs 197 crore.Net profit was lower than the previous quarter’s Rs 160 crore. The bank’s share price fell 25% to an intraday […]
Indian stock markets may be nearing their next big rally – and the financial sector (BFSI) could be the sector leading the way, says Rohit Seksaria, fund manager at Sundaram Mutual. Speaking to ET Now, he said that with government tax cuts, GST rationalisation, RBI rate cuts and liquidity measures kicking in, macro conditions can […]
