Punjab & Sind Bank posted a robust 74.73% YoY growth in operating profit, reaching Rs 484 crore in Q3 FY25, up from Rs 277 crore in the same period last year. The bank’s net interest margin (NIM) also improved, rising by 24 basis points YoY to 2.78% in the third quarter of FY25.
Andrew Freris cautions investors on overheated US equities and rate-cut hopes
Andrew Freris criticizes the Federal Reserve’s rate cut, deeming it based on outdated data and ignoring accelerating inflation. He maintains a negative outlook on US