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Lower money creation by RBI, substantial rise in banks profits behind decline in loan-to-deposits ratios in banks: Nomura

One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI o…

ANI   


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Congress alleges SEBI Chairperson Madhabi Puri Buch of office for profit

In a press conference in New Delhi on Monday, Pawan Khera, Chairman, Media and Publicity Department…

ANI   


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Indian stock markets open flat amid the anticipations of profit booking

The Indian stock markets opened flat on Tuesday amid the anticipations of profit-booking as the ben…

ANI   


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Canara Bank Q4 profit rises 18% to ₹3,757 crore

During the quarter, the bank's total income increased to Rs 34,025 crore as against Rs 28,685 c…

PTI   


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Markets decline in early trade on profit taking after record-breaking rally

The 30-share BSE Sensex declined 113.63 points to 76,376.45. The NSE Nifty dipped 29.6 points t…

PTI   


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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   


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FADA urges banks to tighten funding to dealers as rains play spoilsport in August

Auto sales in India experienced a significant decline in August 2024, primarily due to excessive ra…

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Credit and profitability of banks to moderate in FY25, says ICRA

The Indian banking sector’s rating has been revised to stable from positive by rating agency ICRA o…

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Indian stocks open Tuesday's session at fresh all-time highs; some profit booking expected

The Indian stock market opened at a record high with Sensex opening at 79,840.40, above 364 points …

ANI   


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11 mins read

Big banks promised to protect the planet. Now they're doing an about-face.

Big banks and asset managers are a powerful force in fighting the climate crisis, but many of them …

Catherine Boudreau   


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3 mins read

Banks write off loans worth ₹9.90 lakh crore in last 5 financial years

"Banks evaluate/consider the impact of write-offs as part of their regular exercise to clea…

PTI   


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RBI action on Kotak Mahindra Bank may restrain credit growth, profitability: S&P

Credit cards are a higher-yielding target growth segment for Kotak Mahindra Bank. This portfoli…

PTI   


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Markets fall in early trade on profit-taking, foreign fund outflows

Benchmark equity indices declined in early trade on Tuesday, halting their three days of rally, on …

PTI   


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The ultra-rich who own $1 million gold bars probably aren't focused on profits amid soaring gold prices, experts say

The cost to store and protect physical gold can easily eat up a lot of its increase in value, but f…

Dominick Reuter   


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Benefiting from strong sales, gold jewellers set for 17-19% revenue growth in 2024-25: Crisil

Benefiting from strong sales, organised gold jewellery retailers are set to clock 17-19 per cent re…

ANI   


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Indian banks expected to maintain profitability amid margin pressure: Fitch Ratings

According to Fitch, while net interest margins (NIMs) are anticipated to narrow by 10 to 20 basis p…

ANI   


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Stock market today: Nifty, Sensex see muted starts, ICICI, Kotak, Axis bank gain lead

Apollo Hospitals, ICICI Bank, Bharti Airtel, Kotak Bank and Axis Bank gaines early advantage during…

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IIFL Securities Q4 profit more than doubles to ₹180 crore

Total income surged 74 per cent year-on-year to Rs 704.4 crore for the quarter under review fro…

PTI   


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Central Bank of India logs Rs.717 crore net profit for Q3

Public sector mortgage lender, Central Bank of India closed the third quarter of FY24 with higher n…

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Stock market today: India VIX up by 3%, NTPC, BPCL take lead in early morning trade

Ahead of the budget, which is set to be presented tomorrow, all broad market indices opened the day…