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4 mins read
HDFC reports 18% year-on-year rise in Q2 net profit to ₹4,454 crore
Housing Development Finance Corporation (HDFC) today reported 12.9% growth in its net interest inco…
2 mins read
Banks aggressively garnering funds via CDs, FDs amid firm credit off take
The rising demand for credit in last couple of days has prompted banks to garner funds aggressively…
4 mins read
UPI is India’s favourite payment mode with transactions worth ₹30.4 trillion in April-June, says report
UPI is India’s favourite payment mode with transactions worth ₹30.4 trillion in April-June, says re…
3 mins read
India’s largest bank is paying out a dividend for the first time in four years
State Bank of India (SBI), India’s largest public sector bank, is finally paying out a dividend for…
10 mins read
PSU banks’ robust Q2 performance ring in analyst upgrades – Rising rivalry for deposits a concern in the medium term
Public sector banks’ strong performance in Q2 has resulted in earnings and target price upgrades fr…
4 mins read
Warren Buffett said he could make a 50% return on $1 million and predicted higher taxes. Here are 14 Q&A nuggets.
Warren Buffett teased a potential Canada bet, predicted Berkshire would surpass $200 billion in cas…
Theron Mohamed
39 mins read
Plan your financial errands – Bank holidays in 2024
In India, banks do no not work on Second and fourth Saturdays of all months. All Sundays are wee…
7 mins read
10 Best things to do in India for tourists
India is a place full of colourful cultures, beautiful scenery, and interesting history. Whether yo…
1 min read
Sensex jumps more than 1,000 points on impressive GDP numbers
BSE Sensex jumped more than 1,000 points on Friday reacting to India's impressive GDP numbers. Sens…
6 mins read
Plan your year-end – Banks shut for nine days all over India in December
Understanding the bank holidays in India is not only a practical necessity but also an opportunity …
1 min read
UCO Bank tech glitch: ₹820 cr erroneously credited to account holders
As much as Rs 820 crore were credited to account holders of UCO Bank in what the lender described a…
PTI
2 mins read
HSBC crushes 1H profit estimates and slashes bad-loan buffer as the global economy recovers from COVID-19
Pretax profit for the first half of the year more than doubled to $10.8 billion, compared with the …
Shalini Nagarajan
3 mins read
India's GDP growth comes in at 6.3% in Q2: manufacturing, mining witness negative growth
India's economy grew by 6.3% in the second quarter of the current fiscal, official data release…
2 mins read
2 lakh college students in Punjab drop out due to non-payment of scholarships, says constitutional body
Around two lakh students from the Scheduled Caste category dropped out of college due to non-paymen…
PTI
2 mins read
If you are a pensioner, you can submit Jeevan Pramaan sitting at home — Here is what you need to do
Earlier, the pensioners had to visit a bank, treasury or post office physically to submit their …
3 mins read
India needs 4-5 more SBI sized banks, says Nirmala Sitharaman
India needs a lot more banks and a lot more large sized ones to meet the growing needs of the count…
5 mins read
PSU bank stocks on a high with room to play
Indian public sector bank stocks have been rallying for the last three sessions – even as the broad…
1 min read
IDBI Bank posts 60% growth in profit in third quarter
The Bank's interest income went up 13 per cent to Rs 5,231 crore, against Rs 4,624 crore in the yea…
ANI
2 mins read
Govt may infuse capital in PSU general insurers in Q4 based on performance
Finance Ministry would consider capital infusion in three loss-making public sector general insuran…
PTI
2 mins read
Foreign investors pull out ₹15,000 crore from stocks in the first two weeks of 2023
Foreign investors are cautious amid risks of the potential return of Covid, besides looming global …