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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…
SBI report projects 8-10% depreciation in rupee during Trump’s second tenure as US President
The State Bank of India predicts the Indian rupee could depreciate by 8-10% against the US dollar i…
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…
Sensex and Nifty extend losses amid inflation woes and FII selling pressure
Despite domestic investors buying shares, sectors like FMCG and energy faced pressure. However, rea…
Weekend wrap: Nvidia’s AI-driven surge, Indian banks’ steady growth and more
Nvidia has become the world's largest company amidst an AI boom, surpassing Apple. Meanwhile, the U…
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…
Indian markets under pressure as global rate cuts stir uncertainty, new report says
Indian markets experienced volatility as global economic shifts and political developments impacted…
Nifty, Sensex gain amid ongoing US election, experts noted volatility to continue
Indian stock markets opened with gains on Wednesday amid the ongoing US election voting, with volat…
ANI
Sensex, and Nifty rebound to greens, metals and banks lead the rally on bourses today
Indian benchmark indices, Nifty and Sensex, rebounded from last week's losses, closing higher on Mo…
Stock market rebounds after one-year low; Sensex and Nifty regain ground amid value buying
The Sensex gained 679 points, and the Nifty rose by 186.55 points on Monday.
Stocks rebound as BJP's Haryana win spurs optimism in Indian markets
Analysts attribute this recovery to a combination of bottom-fishing by investors and a boost in mar…
Indian markets ease as profit booking follows record-breaking streak
Market participants were primarily focused on locking in gains after the indices reached record hig…
Net NPAs of Indian banks dropped by 24.9% and Gross NPAs by 15.2% as of June 2024: CareEdge
The gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) fell by 15.2 per cent …
ANI
Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das
In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …
PTI
Indians credit card spending increases 19% YoY to Rs 1.7 trillion in July 2024
According to a report released by SBI Securities, the total expenditure by credit card users across…
ANI
Indian companies are looking to international markets for growth, says CRISIL
In recent years, Indian corporations have significantly ramped up their international operations. A…
A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …
Why 1 in 2 Indians reject bank applications: FICO survey insights
Why 1 in 2 Indians reject bank applications: FICO survey insights