India’s top firms add over Rs 2 lakh cr in market value; Airtel, Reliance lead gains

India’s top companies saw a significant market capitalization boost last week, with eight of the ten most valuable firms adding over Rs 2.05 lakh crore. Bharti Airtel and Reliance Industries led the surge, contributing substantially to the overall market recovery. Despite some declines, benchmark indices ended the week higher, driven by positive sentiment in key…

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Banks widen home loan spreads to save margins

To safeguard their profitability, SBI and Union Bank of India are increasing home loan spreads despite falling policy rates. This reverses the trend of passing rate cuts to new borrowers, as banks grapple with sticky deposit costs. Public sector lenders, previously focused on market share, are now prioritizing sustainable returns, signaling a potential shift in…

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