Banks The Road Ahead

Q2FY24 Financial Performance: Banking Sector

Amidst the varied sectoral performances in Q2FY24, the Indian banking sector emerged as a beacon of resilience. Almost every bank not only registered double-digit growth in both top-line and bottom-line figures but also yielded exceptional returns for investors. However, acknowledging the adage that returns are seldom solitary, the banking industry is not without potential risk factors. Mandar Wagh offers an insightful exploration of the financial performances of banks and returns, delving into the factors driving their success and examining both future opportunities and potential threats 

MF - Cover Story

Should You Invest in ESG Funds

While there has been a lot of interest in environmental, social and governance (ESG) funds, a cause for concern is that in recent times the outflow has been more than the inflow, suggesting that investors do not find ESG funds a ‘profitable’ choice even though they may be high on the ‘social cause’ list. The article explores the reasons why ESG funds have failed to live up to expectations by comparing them to regular funds using certain tried and tested metrics.