HDFC Bank’s first quarter results show a familiar seasonal dip in fees from distributing third-party products. Cost of funds saw a slight decrease. Loan yields experienced a larger drop due to faster repricing of market benchmark loans. The bank is closely monitoring corporate lending. Larger companies are liquid, leading to competitive rates.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian equities extended losses for a fifth straight session, pressured by elevated oil prices and persistent FII outflows. Despite intraday recovery, sentiment remains weak amid