Bank brokerages' profit growth to decline in FY22, market shares to moderate - Business News: Latest News & Videos about market and economy | Trendmergers

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Bank brokerages' profit growth to decline in FY22, market shares to moderate

The bank brokerages' net operating income (NOI) is expected to grow 20-25 per cent year-on-year (Y-o-Y) in FY22 supported by steady broking income along with an uptick in the margin funding and distribution businesses, the report by rating agency Icra said.

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