Nitin Aggarwal of MOFSL anticipates a recovery in credit growth, projecting 11.5% for the year, driven by retail and corporate demand in the second half. He expects mid-sized private banks like RBL and Bandhan to normalize earnings, with PSU banks showing resilience in fresh loan yields. While slippages may marginally increase, overall credit costs are expected to remain controlled.
FIIs sold about Rs 11,000 crore worth Indian stocks in 2 days of US-Iran war
Foreign investors sold nearly Rs 11,000 crore in two March sessions amid escalating West Asia tensions, surging crude prices and currency volatility. DIIs offered support,