Moody’s upgrades YES Bank outlook to positive, affirms ratings

July 10, 2024

Moody’s expects YES Bank’s profitability to improve over the next 12-18 months as its depositor base and lending franchise grow. This growth, combined with meeting central bank lending targets through new branch loans, will reduce operating costs and boost overall profitability.

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BlackBuck gets Buy rating as Ambit sees strong growth ahead, values stock at Rs 885

Ambit Capital initiated coverage on Zinka Logistics, parent of BlackBuck, with a Buy rating and Rs 885 target price. The brokerage highlighted BlackBuck’s emergence as

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FIIs and DIIs place big bets on State Bank of India — Analysts see about 20% rally ahead

Investors are showing renewed confidence in State Bank of India. Both foreign and domestic institutions are raising their stakes. SBI reported strong earnings momentum. Analysts

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