Spend share of SBI credit cards jumped 40% on-year to ₹27,400 crore. HDFC Bank card spends were the highest among peers at ₹39,400 crore while its market share of cards in force fell a percentage point to 20 %.
The government’s 100% FDI in insurance is expected to boost sector penetration rather than disrupt established players, according to Nitin Raheja. While smaller insurers may
Defence stocks face continued selling pressure, with technical indicators suggesting further weakness. Geojit Investments’ Anand James advises caution against premature bottom-fishing in the sector. Meanwhile,
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