European shares experienced a slight dip, influenced by declines in tech and financial sectors, even as investors eyed the U.S.-Russia summit. While miners and healthcare showed gains, corporate earnings painted a mixed picture. Pandora’s significant fall due to weakening sales and Standard Chartered’s probe call impacted market sentiment.
Shifting Gears: PSBs borrow more to cater to credit demand as deposits lag
Public sector banks are borrowing more to fund lending expansion. Deposits are not keeping pace with credit growth for these banks. Private banks show stronger