India’s earnings season is concluding with results meeting expectations. Management commentary is positive. Government initiatives and a good monsoon are expected to boost demand. Capital expenditure is growing steadily. Consumption is gradually improving. Experts advise a selective, long-term investment approach in sectors like industrials, focusing on solid businesses and valuations.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an