I think they will take another quarter or a couple of quarters for this to consolidate. Plus, they have the spectre, both Kotak and HDFC Bank have the spectre of this new draft circular from the RBI which says that their sub-entities which are NBFCs which are lending in the same space, they should find a way to consolidate or perhaps lend through one entity
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest