Sumant Kathpalia, MD & CEO of IndusInd Bank, emphasizes balance sheet stability over growth amid disappointing quarterly results. The bank has made contingency provisions for its microfinance sector due to emerging stress. Kathpalia assures shareholders of the bank’s solid foundation, aiming for cautious optimism and steady growth in the face of cyclical challenges.
Abhijeet Bora’s top 10 Diwali stock picks from large, mid, and small caps
Last few years if you see the rally was supported by both earnings growth as well as the expansion in the PE ratio for the