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AU Small Finance Bank Q2 2023-24 profit up 17% to Rs 402 cr
Net interest income of the bank improved to Rs 1,249 crore from Rs 1,083 crore in September 2…
PTI
Fincare SFB to be amalgamated into AU Small Finance Bank
In a significant development in the small finance banking sector, Fincare Small Finance Bank (Finca…
PTI
Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…
PNB Housing Finance Q2 2023-24 net profit jumps 45.9% to Rs 383 cr
The company's total income rose to Rs 1,779.4 crore in the second quarter of 2023-24 from Rs 1,6…
PTI
Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…
The odds of Russia's economy collapsing are 'extremely small' and the war can go on for the long term, economist says
Russia can fight the war in Ukraine indefinitely as its economy has adapted and is now stable, an e…
Jennifer Sor
ESAF Small Finance Bank IPO subscribed 73x as QIBs rush in
The ₹463 crore ESAF Small Finance Bank’s initial public offer (IPO) was subscribed 8.3 times at the…
ESAF Small Finance Bank lists at 20% premium but below grey market expectations
ESAF Small Finance Bank made its D-street debut at a 20% premium on Friday. This is lower than what…
Wipro CEO expects revenues to rebound in the next few quarters
After Wipro posted a sequential revenue fall for the third consecutive quarter, its CEO Thierry Del…
Fino Payments Bank has its eyes set on becoming a small finance bank
ino Payments Bank is keen to become a small finance bank after having completed five years of opera…
PTI
Stock market closing: Nifty, Sensex close in green, BPCL, Airtel, Coal India amidst top gainers
Coal India (up by 3.01%), BPCL (up by 2.71%), Tata Consumers (up by 2.28%), Hindustan Unilever (up …
NBFC giant Bajaj Finance reports 30% jump in Q4 net profit to ₹3,158 crore; books record new loans in FY23
The non-banking financial company (NBFC) giant Bajaj Finance on Wednesday reported a net profit of …
HDFC reports 18% year-on-year rise in Q2 net profit to ₹4,454 crore
Housing Development Finance Corporation (HDFC) today reported 12.9% growth in its net interest inco…
September earnings on track, but it’s time to tone down optimism says Kotak Institutional Equities
The ongoing fiscal year may have started on a somber note with multiple headwinds hitting equit…
India Inc.’s rockstars of Q2 and things that investors should look out for, according to analysts
Banking, financial services and insurance (BFSI), automakers, chemicals, aviation, retailing and ch…
Stock market 12 July: Sensex inches up over 80k, LTI Mindtree, Tata Steel, BPCL take early lead
LTI Mindtree took a significant lead of over 2% in early morning trade. Tech Mahindra, Tata Steel, …
Stock market closing 12 July: Sensex closes past 80k, IT and media sectors make most gains
Out of the 2,765 stocks traded during the day, 1,108 saw advances while another 1,577 saw declines.…
On the right track — Economic Survey 2023-24 outlines India’s commendable climate action
India's Economic Survey 2023-24 showcases remarkable progress in combating climate change and promo…
Demand softness a challenge in the near term but don’t see major cancellations: TCS CEO
The CEO of TCS K Krithivasan said on Wednesday that the demand for IT services to remain ‘soft’ in …
Bank of America second-quarter earnings drop 32%, missing expectations as market sell-off takes a toll
BofA's global banking arm saw its profit fall sharply as activity slowed due to the high uncertaint…