The brokerage described RBI’s decision to ease bank lending to finance companies as ‘Dene Wala Jab Bhi Deta…Deta Chappar Phaad Ke” (God gives abundantly whenever he gives). It was referring to RBI’s move to ease the sector’s woes. CLSA said Bandhan Bank is the biggest beneficiary of the step.
SpiceJet shares rise 13%, extending second-day rally amid IndiGo operational disruptions
SpiceJet shares spiked intraday as operational disruptions at rival IndiGo boosted demand for its services. Despite the short-term rally, the stock remains fundamentally weak, with