Posts tagged All News
Sattrix Information Security : Emerging Moat, Managed SOC as a Service Microcap (02-11-2024)
What if they merge subsidiary with company?
FPIs log record outflows in October, driven by aggressive sell-offs (02-11-2024)
The record selling by FPIs in October 2024 was offset by strong inflows from domestic institutional investors (DIIs) to tune of ₹ 98,400 crore in the cash market
‘Batenge toh katenge’ ‘negative’ slogan symbolic of BJP’s ‘disappointment, failure’: Akhilesh (02-11-2024)
Samajwadi Party chief Akhilesh Yadav criticizes Uttar Pradesh CM Yogi Adityanath’s ‘batenge toh katenge’ remark, calling it symbolic of BJP’s disappointment and failure. Yadav asserts that the negative slogan will contribute to the BJP’s political downfall as bypolls approach in Uttar Pradesh.
Kotak Mahindra Bank – Low Cost Liability Banking Franchise (02-11-2024)
From the concall, apparently, the pain can continue for next 2-3 quarters :
On the MFI side of the business, we restricted growth because as we called out about two quarters ago, we were seeing some strain, and we are being cautious of growing in the MFI space. We expect this trend to continue for the next quarter, maybe two quarters, and then it should get okay.
On the Unsecured Retail business, obviously, the tech embargo has had an effect, particularly on the credit card business. And as you can see, our total share of retail unsecured asset businesses has dipped a little bit to a shy over 11%. In the credit card business, we have also seen some level of credit stress due to the overleveraging of certain kind of customers.
Indian economic expansion supported by continued strong investment, consumption and services exports says UNCTAD (02-11-2024)
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