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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…

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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…

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Market valuation of 7 of top-10 most valued firms jump Rs 1.72 lakh cr; TCS steals show

The 30-share BSE Sensex jumped 622 points, or 0.78 per cent, to settle at a record closing level of…

PTI   


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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 …

PTI   


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HDFC Bank shares climb over 2%; market valuation jumps Rs 28,758.71 crore

The Nifty climbed 162.65 points or 0.67% to an all-time high of 24,286.50. During the day, it zoome…

PTI   


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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…

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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…

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Stock market today: Nifty, Sensex open in green; Wipro, Tech Mahindra take lead in early trade

During early morning trade, Eicher Motors, Wipro, Tech Mahindra, HCL Tech and ONGC were leading, wh…

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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…

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Market cap of BSE-listed firms hit all-time high of Rs 438.41 lakh crore

NTPC, JSW Steel, Tata Motors, Infosys, Tata Consultancy Services, Kotak Mahindra Bank and Bharti Ai…

PTI   


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Closing Call : Banking sector in action, Axis, HDFC, ICICI biggest gainers during the day

Out of the 2,771 stocks traded on NSE during the day, 1,112 saw advances and 1,574 stocks declined.…

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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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Stock market closing: Sensex dips 280 points to close in red, Nifty closes 0.27% down

HDFC Life (up by 4.36%), Tech Mahindra (up by 3.12%), BPCL (up by 2.91%), NTPC (up by 2.67%) and Ta…

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HDFC Life Q1 results: Profit after tax surges to Rs 478 crore, AUM crosses Rs 3 lakh crore

HDFC Life's Q1FY25 results saw 31% YoY growth in individual APE, total assets at Rs 3,10,244 crore,…

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1 min read

New beginnings: HDFC Bank’s net profit post-merger stands at ₹16,811 crore

In its maiden earnings report since its merger with HDFC, HDFC Bank reported consolidated net reven…

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4 mins read

Stock markets in free-fall: Sensex tanks 1,628 pts on sharp losses in banking, oil shares

Key stock indices suffered their worst single-day losses in percentage terms since June 13, 2…

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India's forex reserves at record high of USD 675 billion, external sector resilient: RBI Governor Shaktikanta Das

The previous all-time high for the kitty was USD 670.857 billion on July 19 this year, and the last…

PTI   


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Inflation cooled off more than expected in June

Inflation keeps cooling. The consumer price index rose 3.0% year over year; the forecast was 3.1%.

Madison Hoff   


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9 mins read

Interest rates on deposits need to go up, say experts, as share of FDs in household financial assets drops

Banks will have to increase interest rates on deposits faster, say experts, as investors turn to ot…

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1 min read

Merger of HDFC with HDFC Bank effective from July 1: Deepak Parekh

The merger of housing finance major HDFC with the country's largest private lender HDFC Bank will b…

PTI