Chasing Growth News Today

YES Bank said it was seeing a significant traction in deposit mobilisation compared to peers. YES Bank is probably one of the few banks to report an increase in incremental market share in mobilisation of CASA deposits.

Kotak stated that he is cautious about building India with 1 or 2 companies in each sector while discussing capacity building. He prefers having 4-6 large players in banking and other sectors. In his opinion, broad-based capacity creation will be important to create a $30 trillion economy.

Management Reiterates Commitment to Strategy For most investors, Guinness Nigeria second-quarter results (Full Year is June) still leaves a lot to be desired from the brewer, particularly after the underwhelming end to the last financial year. Cumulatively, H1:2021 revenue is up 5.89% YoY to NGN72.35bn, building on the recovery recorded in the prior quarter (revenue grew 11.62% YoY) when restrictions on on-trade sales channels were lifted. On a standalone basis, however, Q2 numbers look less en...