Kotak Mahindra Bank,
Among gainers, Singapore’s DBS Group Holdings Ltd recorded the biggest quarterly increase in the pack, with a market cap gain of 7.72 per cent to $62.22 billion, followed by India’s
In December 2021, S&P Global Ratings said Asia-Pacific markets, particularly in Southeast Asia, will stay generally stable in 2022, mirroring a global trend. Most banking systems in the region will likely make a gradual return to pre-pandemic levels of asset quality and profitability amid high credit losses and tight interest margins in 2022. However, Chinese banks face growing pressures on their profitability amid slowing economic growth and regulatory crackdown on several sectors such as housing and technology.
The Indian government has spent less than half the money it had budgeted for capital investments, so far
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