Future Of Banks In India

CLSA expects private sector banks, which have been stock market laggards over the past few months, to give better returns ahead, given a good business outlook and inexpensive valuations

The report indicated that economic recovery is losing momentum in China, with growth expected to slow to 5 per cent in 2023 and 4 per cent in 2024

The banks have been advised to pursue closure of loss making domestic and international branches as part of capital saving exercise, official sources said

Banks need to fundamentally reorient their business and adopt new strategies: Report