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Foreign investors are boosting their holdings in Indian public sector banks. This move signals growing confidence ahead of potential government policy changes. An increase in foreign ownership limits could unlock significant capital. Analysts see this as a positive development for the banking sector. The September quarter data shows a clear trend of renewed FII interest in these lenders.
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News and Media
Ace investor Rekha Jhunjhunwala significantly boosted her stake in Canara Bank, acquiring an additional 1 crore shares. This move aligns with positive market sentiment for PSU banks, potentially driven by increased foreign investment caps. Jhunjhunwala also increased her holdings in Federal Bank and Titan Company, underscoring her continued confidence in India's financial and consumption sectors.
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News and Media
Shripal Shah, CEO of Kotak Securities, reveals how meditation, fitness, and sports cultivate leadership. Mindfulness aids clear decision-making under pressure, while strategic games like chess mirror business adaptability. Running fuels focus, and sports teach resilience in both victory and defeat, fostering a balanced approach to a demanding career.
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News and Media
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