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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
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
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
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
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
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
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…
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…
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
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
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
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
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
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
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
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
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…
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
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…
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…