On September 17, 2021, the board of directors of IDFC Limited and IDFC Financial Holding Company Limited gave the nod to kick-start the divestment process for the mutual fund business subject to requisite regulatory approvals, as applicable
Siddharth Teli of Religare Capital Markets says the numers posted by IndusInd Bank were fairly good both on asset quality front as well as margins.
Over the next one or two days, depending upon where bond yields settle, stocks such as Canara Bank, Oriental Bank of Commerce (OBC), Punjab National Bank (PNB) could see more upside given their higher sensitivity to their bond portfolios.
In an interview to CNBC-TV18 portfolio manager PN Vijay shared outlook and trading strategies for stocks across various sector.
Even though the Indian currency is breaking lows, experts believe that this is not the end of the rupee’s bearish rally.
Moses Harding, executive vice president & HD-wholesale banking group of Indus Ind Bank, in an exclusive interview with CNBC-TV18's Latha Venkatesh and Sonia Shenoy, said the INR/USD (rupee-dolar) rate to remain around 45.50 per dollar over the next two to seven days.