HDFC Bank and ICICI Bank have spearheaded a resurgence in private banking sector, with significant contributions from other major players such as Axis Bank, Kotak Mahindra Bank, Bandhan Bank, and IndusInd Bank. Over the past month, HDFC Bank’s share price has increased by 8%, while ICICI Bank has seen an impressive 12% rally.
High margin requirements will discourage undue speculation in electricity futures: Sebi Chief Pandey
A high initial-margin requirement will discourage “undue speculation” in the newly-launched electricity futures segment, Sebi chief Tuhin Kanta Pandey said on Friday.