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HDFC Bank Q2 profit soars 5% to ₹16,821 crore
Total income increased to Rs 85,500 crore during the quarter under review against Rs 78,406 cro…
PTI
India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter
Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …
Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans
Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…
Indian banks to have steady growth in earning over next 3-4 years, fees from unsecured lending may dip, notes Jefferies report
Jefferies reports Indian banks are poised for steady earnings and return growth over the next 3-4 y…
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…
Sensex, Nifty tumble nearly 1.5% as bank stocks slump on weak Japanese markets
Equity benchmark indices tumbled nearly 1.5% on Monday due to heavy selling in frontline stocks Rel…
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…
Nifty, Sensex continue to open flat amid FII sell-off and weak Q2 earning projections
The Nifty 50 and BSE Sensex saw marginal gains, while gains in Nifty FMCG provided some relief.
Sensex, Nifty slump in early trade as Middle East conflict deepens
Equity benchmark indices Sensex and Nifty tanked in early trade on Thursday, dragged by a decline i…
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
Wipro announces 1:1 bonus issue; share surges 4% on the back of strong Q2 results
Yesterday, the company posted a solid 21.2% YoY rise in its consolidated net profits, which stood a…
HDFC bank sees muted quarterly business; share drops 4.15% during trade today
Anticipating that HDFC Bank's foreign inclusion factor to increase from 50% to 100% in the MSCI Ind…
Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Indians are increasingly turning to secured loans like gold loans and loans against securities (LAS…
Simply Put: Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Gold loans are surging in India, driven by rising gold prices and a desire for quick cash. Loans a…
Profit of public sector banks expected to decline by 0.6 percent QoQ : Motilala Oswal
As the earnings season for the second quarter of FY25 unfolds, public sector banks (PSBs) are expec…
ANI
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…
Lack of funds stopping you from pursuing higher education? The government can come to rescue
The Indian government launched the PM-Vidyalaxmi scheme to provide financial assistance for higher …
Axis Bank stock tumbles over 5% post Q1 earnings; market valuation erodes by Rs 19,816.9 cr
On the NSE, it slumped 5.08 per cent to settle at Rs 1,176.25. The stock emerged as the biggest lag…
PTI
Household consumption to surge in Q2 as inflation eases, rural demand revives
Rural areas are witnessing a revival in demand, with increased purchases of fast-moving consumer go…
ANI
HDFC Bank records 15.8% loan growth, 20% rise in advances in Q1 FY24
Private sector lender HDFC Bank said loans grew 15.8% to ₹ 16,15,500 crore in the first quarter of …