India’s benchmark index, the Sensex, gained around 102 points on Wednesday, closing at 80,905. During this rise, seven stocks in the BSE FMCG index reached their highest prices in the past year.
Shifting Gears: PSBs borrow more to cater to credit demand as deposits lag
Public sector banks are borrowing more to fund lending expansion. Deposits are not keeping pace with credit growth for these banks. Private banks show stronger