Morgan Stanley retains an Overweight rating on IndusInd Bank with a target price of Rs 1,780. The firm expects the stock to outperform the industry in the next 15 days despite recent corrections due to weak volume growth and PPoP progression. The bank’s strong asset quality in Q1 and confidence in meeting FY25 asset quality guidance make the current valuation attractive.
Sebi proposes exemption for small-value debt issuance, potentially lowering costs for listed issuers
Sebi has put forward a proposal to exempt certain listed companies from the requirement to appoint merchant bankers. This initiative is designed to lower the