Federal Bank’s shares surged 27% in three months, driven by Blackstone’s ₹6,000 crore investment and management’s guidance of net interest margin expansion. The capital infusion will fuel growth and potential inorganic opportunities. The bank anticipates NIM improvement due to repricing term deposits and strong CASA momentum.
Sebi board meeting: PMS rules overhaul, FPI commodity trades among key decisions to watch out
Sebi’s upcoming board meeting aims to discuss significant changes to portfolio management services and settlement regulations. Proposed revisions could allow discretionary portfolio managers to make