Banks’ Q1 profits face headwinds: Emkay Global predicts a sluggish 4% growth in pre-provisioning operating profits for the June quarter. This slowdown, affecting private lenders most, is attributed to shrinking margins and rising operational costs.
MSCI February Rejig: Hyundai India joins Global Standard Index; IndusInd Bank, PB Fintech and others see weight increase
MSCI’s February 2025 index review adds Hyundai Motor India to the MSCI Global Standard Index, while Adani Green Energy is removed. IndusInd Bank and Varun