KVS Manian, Federal Bank’s new MD & CEO, aims to position the bank among India’s top five private banks. With a focus on key segments like mass affluent, non-resident, SME, and mid-market, Manian plans to expand the branch network and initiate strategic acquisitions. Private sector capex revival remains pivotal for boosting credit demand.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of