Bandhan Bank’s shares surged following a positive business update, with loans and advances growing 10% year-on-year to Rs 1.45 lakh crore. While total deposits saw an 11.1% increase, a slight quarter-on-quarter dip and a declining CASA ratio were noted. Improved asset quality, with collection efficiency at 98.1%, provided investor comfort.
Sebi board meeting: PMS rules overhaul, FPI commodity trades among key decisions to watch out
Sebi’s upcoming board meeting aims to discuss significant changes to portfolio management services and settlement regulations. Proposed revisions could allow discretionary portfolio managers to make