Banking and Financial Services players likely vanguards of next surge https://ift.tt/CFDh0Zb believe the banking and financial services sector will spearhead the next market surge in the medium to long term, buoyed by India's economic expansion driven by capital expenditure, burgeoning credit activity, and an upswing in consumer spending.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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