Warren Buffett is stepping back from writing Berkshire’s annual letters after nearly six decades, opting for a quieter approach. He will continue to communicate with shareholders through his annual Thanksgiving message. Long-time lieutenant Greg Abel is set to officially take over as Berkshire’s chief executive by year-end, marking the end of an era.
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