In the December quarter, slower consumer demand and risk aversion to unsecured loans have led banks to report slower credit growth compared to deposit growth. HDFC Bank’s deposits surged 15% year-on-year while its loan growth was at 3%. Only IDBI Bank and IndusInd Bank saw loan growth outpace deposits.
RailTel shares rocket 25% in just 2 days! What’s triggering this massive surge?
RailTel shares jumped 25% in two days after landing fresh orders worth over Rs 700 crore, including major tunnel communication projects from RVNL and a