Indian banks witnessed their first operating profit decline in 13 quarters during July-September, primarily due to sluggish net interest income growth. This dip, a 1% year-on-year fall to ₹1.5 lakh crore, stemmed from faster loan repricing downwards than deposits, squeezing margins. Analysts anticipate this contraction phase is nearing its end, with stabilization expected soon.
Largecaps seen as safer harbour in stock picker’s market: Nitin Bhasin
Market participants should brace for a phase where easy returns from broad themes may fade. Selectivity, precise bet sizing, and a sharp bottom-up approach will