Private sector banks experienced a deceleration in operating and net profits for the third consecutive quarter due to reduced net interest income, increased bad loan provisioning, and continued margin pressure. Conversely, public sector banks reported significant profit growth, benefiting from robust increases in both pre-provision operating profit and net profit.
Buy the Dip: Dharmesh Shah sees midcap, smallcap rally ahead
ICICI Direct’s Dharmesh Shah suggests a positive outlook for the Indian market, fueled by ceasefire news and falling crude oil prices. Nifty is expected to
June 24, 2025