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The bank's net interest margin (NIM), increased to 2.53% for the quarter.

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Due to sell-offs and accelerated prepayments, the loan book fell by 45% in the first quarter of 2022—2023 compared to the same period the previous year.

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COMEX copper was oscillating between red and green in early Asia at the start of the week after Chinas overall imports grew slower than expected in July suggesting weak domestic demand amid lockdowns across the country. However, customs data showed that China increased purchases for unwrought copper and copper ores & concentrates, supporting the red metal. China imports rose by 2.3% on year to USD […]

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According to a report, outbound travel from India would reach USD 42 billion by 2024, and the government may implement certain legislative reforms to support this expanding sector.

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