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Stock Market News

Private banks now structurally ex-growth, to see continued derating, says Emkay Global; halves weight in model portfolio

The major drivers are structural. Extreme risk aversion from both corporate borrowers and lenders has depressed wholesale loan demand. Disintermediation is intensifying as corporates are [Read more about this post…]

Estimated read time 9 min read
Stock Market News

Indian Overseas Bank share price surges over 7%; becomes fifth PSU bank to cross ₹1 lakh crore market cap

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Indian Overseas Bank share price jumped nearly 8% on Friday, becoming the fifth public sector lender to cross ₹1 lakh crore market capitalisation. IOB shares [Read more about this post…]