The markets on Monday were dominated by the 11% spike in crude oil prices, which would have added nearly 0.6% to the Current Account Deficit. The OMCs and the auto stocks were the worst hit by the oil spike. We do expect the NBFCs to continue to Read more [...]

The people problems in the bank mergers are beginning to show. Bank Officers Association has called for all-India strike on September 26 and 27 over bank mergers. Bank unions have strongly objected to the merging of 10 banks into 4 as it would lead to Read more [...]