Indian banks reported muted earnings in the first half of FY26, with net profits rising only 2.5% despite an 11.3% credit expansion. This was primarily due to a compression in net interest income as banks passed on policy rate cuts to borrowers while their cost of funds remained elevated. Private banks outperformed public sector banks due to higher other income.
US stocks: US market ends mixed as investors focus on Big Tech earnings
Wall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace talks with Iran. Major