Private banks anticipate a faster rise in bad loans by FY27 compared to public sector banks. This trend is driven by increased exposure to unsecured retail and MSME loans. Stress is growing in these segments, impacting the rural economy. The West Asia conflict adds uncertainty, with potential job losses in the IT sector being monitored for personal loan performance.
AI stocks retreat as Democratic sweep puts data centre boom in focus
AI-related stocks came under pressure on Wednesday despite a broader Wall Street rally following the Democratic sweep of Congress. Data centre companies CoreWeave, Iren and