Edelweiss Alternate assets head Hemant Daga resigns
Daga, one of the senior most officials at Edelweiss, is understood to have setting up his-won asset management firm. Daga earlier headed Proprietary Trading business for Edelweiss as well as managed a multi asset multi strategy desk. He moved to Edelweiss from ICICI Bank.
Banks see revival in credit growth in December quarter“HDFC Bank’s provisional business data is encouraging given the strong momentum in relatively higher yielding retail, commercial segment and CASA,” said Darpin Shah, VP, Haitong Securities. “We believe the improvement in these parameters is expected to drive net interest margins.”
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