Indian banks are poised for a tepid September quarter with muted earnings and loan growth, driven by a slowdown in retail and corporate segments. Analysts anticipate weaker treasury gains and potential net interest margin compression due to rising bond yields and recent repo rate cuts. Asset quality in SME and commercial vehicle segments remains a key concern.
Manappuram Finance, Muthoot Finance, other gold financier stocks drop up to 3%. Here’s why
Shares of gold financiers declined as a sharp fall in gold prices and a stronger US dollar weighed on sentiment. Expectations of further US Federal