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Stability and resilience are prized by markets in times of uncertainty. Two of the Nifty 50 index’s biggest constituents are reflecting this trait in the current results season. Banks, which were feared to face pressure on profit margins, are coping up with market challenges reasonably well, writes Aparna Iyer in this piece .

Cost of borrowings is not out for control and easing liquidity conditions can support profit margins. “Given the resilience of margins in the second quarter, the outlook for profitability has improved f

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