The MSCI November 2024 index review, effective Monday, put the spotlight on the banking giant due to its weightage adjustment. This marks the final tranche of a phased increase announced earlier this year, reinforcing HDFC Bank’s pivotal role in the MSCI index realignment.
Gold loan stocks rally after RBI hikes loan-to-value ratio limit and eases small loan norms
Gold loan stocks surged 2–7% after RBI raised the LTV ratio on loans under ₹2.5 lakh to 85%. Simplified norms reduce compliance burden, aiding lenders