Morgan Stanley analysts said PSU banks should see relatively higher margin expansion compared to many private banks over F22-F24, reflecting a higher starting point of liquidity, sharp moderation in NPA formation, reducing interest income reversals and lower share of wholesale deposits relative to select private banks.
Sebi proposes separate master circular for clearing corporations
The Securities and Exchange Board of India (Sebi) is set to refine regulations for stock exchanges and clearing corporations. There will be a distinct master