Central bank governor Sanjay Malhotra met bank chief executives on Tuesday. Geopolitical complexities and artificial intelligence were key discussion points. New expected credit loss guidelines also featured in the important talks. Some banks shared their FCNR(B) scheme inflow estimates with the governor. Oil prices have spiked over nine percent after recent military actions.
Tata Elxsi shares slide 6% after weak Q1 results. Why Motilal Oswal sees 16% downside from current levels?
Tata Elxsi shares fell despite reporting a strong June quarter, with net profit rising 18.2% YoY to Rs 170.6 crore and revenue increasing 14.5% to