New banking rules starting April 1 will empower lenders to boost credit by an estimated 7 percent. Banks can now use their existing liquidity for loans, increasing lending capacity. This shift is expected to benefit public sector banks significantly. Analysts believe this will ease concerns about lending growth constraints. Credit expansion may soon outpace deposit growth.
Jio Platforms shares jump 5% on Day 2 after ending 27% higher on debut day. Buy, sell or hold?
Jio Platforms shares rose further after a strong market debut, climbing over 32% above the IPO price. Nomura, Motilal Oswal and Elara Capital initiated coverage