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Giant personal banks maintain agency whereas mid-sized banks battle on NIMs and slippages: Report

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New Delhi (India), July 21 (ANI): Giant personal banks confirmed resilience within the first quarter of FY26, whereas mid-sized banks felt strain on margins and rising slippages, in response to a report by Equirus Securities. The report highlighted combined tendencies in web curiosity margins (NIMs). Giant personal banks, which have a better share of repo-linked … Read more

Wipro starts the year slow but pins hopes on large deals

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On Thursday, the Bengaluru-based information technology (IT) outsourcer reported $2.59 billion in revenue for the April-June first quarter, down 0.35% from the preceding three months and 1.47% lower from the corresponding year-ago period. Much of the company’s revenue was dragged by banks and financial institutions, which are its biggest earners. Wipro’s first-quarter revenue, however, was … Read more