For HDFC, liquidity coverage ratio (LCR) improved from 80% to 128%, helped by a sharp increase in government bond holdings. G-Secs, as a percentage of assets, increased from nearly 6% in FY22 to 9%. Also, infrastructure bonds that reduce the overall priority sector lending (PSL) requirements are now close to 20% of liabilities and total loans.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20