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The bank brokerages' net operating income (NOI) is expected to grow 20-25 per cent year-on-year (Y-o-Y) in FY22 supported by steady broking income along with an uptick in the margin funding and distribution businesses, the report by rating agency Icra said.
Household family silver as sovereign collateral to rescue Covid-hit economy?The coronavirus pandemic is bringing out the worst monetary plans from India's Left, Right.
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… Read MoreBuy Ipca Labs, target price Rs 1,900: Anand RathiThe brokerage believes a 12 per cent CAGR over FY20-22 in the domestic business is possible.
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… Read MoreRadio Mirchi posts operating revenue of Rs 152 crore in Q4 Radio listenership in the top cities has grown by 55% and the time spent on it by 109% during the lockdown.
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… Read MoreStocks in the news: RIL, Tata Motors, PNB Housing, HDFC AMC and Cadila Healthcare and Coal IndiaMoody's downgraded Tata Motors’ corporate family rating (CFR) and the company's senior unsecured instruments rating .
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… Read MoreWill ensure banks pass on rate cut benefits to consumer: FM to India IncLast month, the RBI slashed the benchmark repurchase (repo) rate, the price at which banks borrow from the central bank, by 40 basis points to a historic low of 4 per cent.
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