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1 min read
Axis Bank posts net profit of ₹7,129 cr in March quarter
Total income rose to Rs 35,990 crore in the March quarter of 2023-24 fiscal, from Rs 28,758 cro…
PTI
6 mins read
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…
7 mins read
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…
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 …
3 mins read
Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO
Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…
5 mins read
Axis Bank Q3 net profit grows 62% YoY to ₹5,853 crore, beats expectations even as provisions and slippages rise
Axis Bank on Monday reported a standalone net profit of ₹5,853 crore in Q3, registering a growth of…
2 mins read
Sensex, Nifty rebound over 1% after six sessions of losses
Equity benchmark indices, the Sensex and the Nifty, on Friday reversed their six-session losing st…
PTI
3 mins read
Axis Bank’s net profit grows 70% to ₹5,330 crore in Q2
Axis Bank, one of the leading private banks in the country, beat analyst expectations to report a 3…
4 mins read
Axis Bank shares under pressure after Q4 net loss; analysts upbeat on the lender
During the March quarter, the lender reported an exceptional item of ₹12,490 crore, which went i…
3 mins read
Axis Bank beats street estimates on net profit, business growth disappoints
Axis Bank, the third largest private sector bank, on Monday reported a net profit of Rs 4,125 crore…
2 mins read
India benchmark equity closes in red, stocks of Bank Nifty dip 469 points
Among the sectoral indices, Nifty Bank deteriorated and remained in red while other sectors that re…
ANI
1 min read
Stock markets fall in early trade ahead of poll results; Weak cues from Asian markets add to negative trends
Benchmark equity indices declined in early trade on Wednesday, continuing to fall for the fourth da…
PTI
2 mins read
Nifty, Sensex open flat, experts say markets likely to move ahead before results
Indian markets started Tuesday's trading session on a flat note amid mixed global cues. The Nifty 5…
ANI
2 mins read
Sensex, Nifty hit all-time peaks after RBI's highest-ever dividend announcement
Benchmark stock indices Sensex and Nifty rallied more than 1.6 per cent to close at lifetime high l…
PTI
3 mins read
Indian banks’ dream run could soon be over as deposit rates start catching up to lending rates
The dream run of Indian banks could soon be over as rates on fresh deposits are starting to catch u…
3 mins read
Relentless FII selling weighs on stock markets; indices end flat after a choppy session
Indian benchmark indices end flat after a choppy session on Wednesday on heavy outflows by foreign …
1 min read
4 mins read
Stock picks for 2023: L&T, SBI, Axis Bank among top brokerage picks for the new year
The year 2022 has been an eventful one, with multiple headwinds in the form of rising geopolitical …
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…
