The intense competition in the banking industry is playing out in the mortgage market, with lenders offering cheaper home loans in a bid to attract customers. In the case of HDFC Bank, the country's largest private sector bank, the lower rates on home loans depend on the customer's credit profile. Similarly, India’s largest lender, State Bank of India (SBI) is offering existing customers.
Open FlipStocks of Indian state-owned companies have witnessed an unprecedented surge in FY24, surpassing even the performance of mid-and small-cap stocks, emerging as the remarkable champions of the market.This performance is particularly noteworthy given the pressure PSU stocks faced before embarking on their bullish momentum in 2020.
Open FlipThe country’s largest IT services company TCS on Friday said it has trained 3.5 lakh employees in generative AI skills. The company, which had in January announced that 1.5 lakh staffers are trained in the skill sets of what is said to be the biggest opportunity for IT services firm in the future, has now taken the number up to over half its employee base.
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