City Union Bank shares surged 12.5% after reporting Q2 PAT growth of 1.6% and NII up 8.2%. Analysts have mixed ratings, with target prices ranging from Rs 165 to Rs 195.
Japan’s MUFG seals Rs 39,600 crore Shriram Finance Deal
Japan’s MUFG Bank will invest ₹39,620 crore for a 20% stake in Shriram Finance. This is India’s biggest foreign investment in financial services. The deal