SBI shares have fallen over 20% from their peak after Q4 earnings revealed margin contraction and a sequential drop in net interest income. Despite this, brokerages maintain a positive outlook, citing strong fundamentals and recommending a ‘Buy’ rating with revised price targets.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend