Kotak Institutional Equities expects a 12% year-on-year (YoY) growth in the cumulative profit of Nifty 50 companies, and Motilal Oswal Financial Services has pegged it at 10%.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,