Surprisingly, foreign portfolio investors (FPIs) were net buyers of domestic shares on Thursday, having bought stocks worth Rs 2818 crore, provisional data showed. DIIs on the other hand, net sold stocks to the tune of Rs 1580 crore.
Shifting Gears: PSBs borrow more to cater to credit demand as deposits lag
Public sector banks are borrowing more to fund lending expansion. Deposits are not keeping pace with credit growth for these banks. Private banks show stronger