HDFC Bank gears up to ramp up corporate loans, and how!

The bank increased its corporate loans by more than 10% year-on-year in the April-June quarter to about Rs 3.15 lakh crore. The majority of wholesale-banking advances comprise working capital loans. About four years ago, the book size was at about Rs 1 lakh crore for credit extended to corporates.

Should you worry about inflation: What do past crises tell us

What added to the cracks in Mr Market this week was the lack of confidence from IMF, which lowered India’s economic GDP forecast from 12.5% to 9.5% for FY22, drawing attention to a sluggish revival of the economy from the ravening second wave and a slower-than-expected inoculation drive.

Tech Mahindra stock hits a record high

Shares of Tech Mahindra hit a record high on Friday after the company surpassed consensus estimate on both revenue and margins despite seasonal headwinds. Brokerages raising target price also lifted the stock.Shares of Tech Mahindra ended up 7.24% at `1,209.