The pre-provision operating profit (PPoP) rose 14.4% YoY to Rs 18,621 crore. Provisions and contingencies for the quarter were Rs 2,685.4 crore compared with Rs 3,312.4 crore in the corresponding quarter a year ago.
Citi downgrades US stocks to ‘neutral’ as AI sell-off, regulatory risks mount
Citigroup strategists have downgraded US equities to neutral due to ongoing market volatility and regulatory concerns. This decision follows a significant sell-off that erased $3