As a life insurance company managing the life savings of customers we have a long-term investment approach. We believe the long-term prospects of the Indian equity markets are positive.
HDFC Bank reduced its lending rates by five basis points across maturities. Bank of Baroda will increase its three-month lending rate by ten basis points.
State Bank of India shares faced a 2.2 percent decline on Monday, despite surpassing analysts’ expectations for their June-quarter earnings. Most brokerages expressed continued optimism
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