HDFC Bank and ICICI Bank report higher employee costs in Q3 2025 due to new labour codes, impacting wage bills and financial ...
Nuvama Institutional Equities has a ‘buy’ rating on both HDFC Bank and ICICI Bank stocks, but it has cut ICICI’s target price ...
Private sector banks and insurers report higher employee costs in Q3FY26 after accounting for statutory impact of New Labour Codes notified by the Centre in November 2025 ...
The new labour Codes, notified by the central government in November 2025, have pushed up employee costs for private-sector banks and insurance companies, with these firms reporting higher operating ...