Private sector banks, led by HDFC Bank, have sold nearly ₹40,000 crore of loans this fiscal to enhance liquidity and balance their books amid slow deposit growth. This marks a significant shift as banks like HDFC Bank, IDFC First Bank, and RBL Bank use loan sales via pass-through certificates and direct assignments to manage credit-deposit ratios effectively.
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The