HDFC Bank slips as D-St takes in lower profitability forecasts https://ift.tt/U5NKjhC expect the stock to underperform in the near future, while investors might shift focus to peers such as ICICI Bank and Axis Bank.
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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