ETMarkets Smart Talk | Don’t judge India by Nifty’s 21x PE; stock-level valuations still offer opportunities: Emkay Investment Managers: Kashyap Javeri

Indian banks are actively reducing costly bulk deposits after strong foreign currency inflows. This strategy helps optimize funding costs and potentially boost profitability for lenders. Larger banks are realizing significant savings by replacing these expensive funds. Overall, banks are expected to mobilize substantial amounts through the FCNR-B window. This shift reflects a strategic move to…

 Employer contributions and tax-free withdrawals enhance EPF’s attractiveness, according to EPFO. The stock market serves different financial goals, it says.

Infosys-backed GalaxEye has successfully acquired StarOps, enhancing its satellite development capabilities. With roots in TeamIndus, India’s pioneering spacetech startup, StarOps will aid GalaxEye in reinforcing its satellite engineering expertise, especially after the recent loss of contact with their first satellite.