Private lender HDFC Bank continued to be the worst affected, with total cards in force down by 1.6 million month on month. Bankers say while the total credit card numbers will normalise soon, they are also looking to change the strategy with regard to onboarding customers.
Dabur India shares fall 4% even as Q1 earnings meet estimates. What’s spooking investors?
Dabur India shares dropped over 4% on Thursday after reporting Q1 earnings. The company announced a 15% rise in net profit and 11% revenue growth.