The total expenses in the third quarter rose to Rs 17,351 crore from Rs 15,164 crore a year ago, and Rs 16,933 crore a quarter ago. Spectrum usage charges in the quarter increased 4% YoY to Rs 2,842 crore but were down 4% sequentially.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may