Good times roll on for banks, PSBs to top private peers on profit growth

January 12, 2023

An analysis by brokerage house Motilal Oswal said private banks could report profit growth of 28% while the loans could rise upward of 18%. State-run banks, courtesy the lower base, will show optically higher profit growth at 44%.

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Nomura expects the RBI to pursue a limited tightening cycle, with a possible 50 bps rate hike by December, as food and energy pressures rise

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NSE shares fall 2%, slip below IPO price, but analysts’ target prices go up to Rs 2,050. Time to buy?

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