The new norms would also impact net interest margins (NIM) as the stock of low yielding g-sec rises in banks’ books, and intensify competition for retail deposits, the people cited above said.
PCBL Chemical has seen a 25% stock increase due to anticipated higher carbon-black prices. The company expects improved export prospects and a recovery in earnings.
Gold prices are on the rise, up by 0.4% after a dip earlier this week. Investors are closely monitoring the upcoming interest rate decisions from
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