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2 mins read

RBI slaps fine of Rs 2.91 crore on Axis Bank and HDFC Bank: All details

The Reserve Bank of India has fined Axis Bank and HDFC Bank a total of ₹2.91 crore for regulatory l…

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3 mins read

FIU imposes over Rs 1.66 crore fine on Axis Bank for failing to detect fraud NSG account

The Financial Intelligence Unit has slapped a fine of more than Rs 1.66 crore on Axis Bank for "fai…

PTI   


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2 mins read

Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions

Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …

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2 mins read

Sensex revists 82,000-level as RBI changes monetary policy stance to 'neutral'

Benchmark BSE Sensex jumped over 550 points to revisit the 82,000-level in morning trade on Wednesd…

PTI   


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6 mins read

Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…

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2 mins read

GDP growth will moderate to 6.5% in FY25 on global headwinds: Axis Bank

India's real GDP growth will moderate to 6.5 per cent in FY25, mainly due to global headwinds, Axis…

PTI   


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6 mins read

A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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2 mins read

Stock market today: Sensex tops 80,000 for the first time; HDFC and Kotak Bank take lead

HDFC, Axis, ICICI, Kotak Bank, and Britannia were among the early gainers on the market today, whil…

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3 mins read

Market closing : ICICI, HDFC and other private banks shine as Nifty, Sensex hit all-time high

​Amidst broad-based indices, Nifty midcap 50 and midcap 100 closed the day in red. Out of the 2,753…

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3 mins read

From banks to SIPs – the evolution of investment choices for Indian retail investors

In India, traditional banking institutions were once the go-to for households seeking savings and i…

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1 min read

Adani Enterprises, Maruti Suzuki, Infosys among stocks to watch out for on June 27

Indian markets may start the week on a high note as SGX Nifty, an early indicator of the market, wa…

Bhakti Makwana   


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2 mins read

Markets rebound sharply on buying in bank stocks firm global trends

​​​Benchmark BSE Sensex rebounded sharply by 941 points while NSE Nifty closed above the 22,600 lev…

PTI   


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3 mins read

Credit expansion will taper down next year if deposits growth doesn't rise: Axis Bank MD

"... If the deposit growth does not continue, our projection says that credit growth can taper …

PTI   


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3 mins read

Banks to reap rewards of interest rate hikes in Q2 earnings

The Indian banking sector is expected to report strong growth in net interest income, margins and l…

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4 mins read

Axis Bank scoops up Citi India’s retail assets, including the lucrative credit card business, for $1.6 billion

Axis Bank has acquired Citi India’s retail assets, including the company’s lucrative credit card bu…

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2 mins read

Sensex, Nifty snap 3-day winning run on selling in IT, banking shares

The broader Nifty of NSE declined 92.05 points or 0.42 per cent to 22,004.70 as 30 of its consti…

PTI   


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3 mins read

Here’s why Axis Bank’s quarterly profit tripled in the last three months

Axis Bank, one of the largest private banks in the country, has more than tripled its profit in the…

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2 mins read

Stock markets rebound on buying in IT stocks, positive macro data

Benchmark Sensex rebounded 335 points and Nifty closed above the 22,100 level on Thursday on the ba…

PTI   


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6 mins read

Here’s how much banks have increased home loan interest rates

Rising inflation resulted in central banks around the world hiking interest rates. This has also sp…

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2 mins read

Stock market faces downturn amid global uncertainty

At the opening bell, the Sensex was down by 119.20 points, starting at 72,669.73, while the Nifty f…

ANI