The weighted average rate in the interbank call market, where banks lend and borrow among one another, was at 5.61% on Monday versus 5.17% last Thursday and 5.20% Friday, reflecting a surge of nearly half a percentage point.
Indian Bank reported a 24% YoY rise in Q1 net profit to Rs 2,973 crore, aided by sharply lower NPA provisions. Asset quality improved, with
Zerodha faces a drop in demat market share despite rising AUM, prompting CEO Nithin Kamath to seek insights on evolving growth strategies beyond traditional customer
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