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3 mins read
Sensex scales 76,000 peak, Nifty hits new high before closing lower; IndusInd, L&T, SBI biggest gainers
Sensex scaled the 76,000 level for the first time while Nifty hit a new lifetime peak before closin…
PTI
5 mins read
SBI’s core business stays strong despite one-time hit on account of higher wage costs in Q3
India’s largest bank SBI saw its third quarter profits slip by 35.5% as it took a ₹7,100 exceptiona…
2 mins read
Investors' wealth erodes by ₹8.50 lakh crore as markets tumble
Equity investors became poorer by Rs 8.50 lakh crore on Tuesday as markets came under a bear attack…
PTI
2 mins read
Mobikwik replans market debut with plans of raising ₹700 crore
Fintech One Mobikwik Systems has filed a Draft Red Herring Prospectus (DRHP) with SEBI to raise ₹70…
8 mins read
India Inc.’s rockstars of Q2 and things that investors should look out for, according to analysts
Banking, financial services and insurance (BFSI), automakers, chemicals, aviation, retailing and ch…
3 mins read
SBI Card doubles its profit as its customers increase spends by 80% – but FY23 off to a slow start
SBI Card, the second largest credit card issuer in India, reported a 106% year-on-year increase in …
3 mins read
No stopping the election party with occasional profit-booking say analysts
After sounding caution on the market’s irrational exuberance several times in the last one year, Ko…
2 mins read
Stock market sustains positive momentum amid global optimism
The Sensex surged 89.81 points, opening at 70,009.20, while the Nifty gained 35.25 points, starting…
ANI
2 mins read
SBI Eco Research forecasts Q3 FY24 GDP growth at 6.8% amid global complexities
According to their report, the GDP growth is likely to be at 6.8 per cent, based on an unchanged ba…
ANI
3 mins read
RBI crackdown on personal loans – Bajaj Finance, IIFL, Aditya Birla and SBI Cards to take a bigger hit, say analysts
Reserve Bank of India’s crackdown on personal loan disbursals by banks and non-banking finance comp…
3 mins read
RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure
Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…
1 min read
Mastercard India appoints former SBI head Rajnish Kumar as its chairman
Mastercard India on Thursday announced the appointment of former SBI head Rajnish Kumar as its non-…
PTI
2 mins read
Dalal Street tumbles in early morning trade as Infosys falls nearly 8%
The Nifty and the Sensex are dragged down by IT behemoth Infosys on Friday after the company slashe…
8 mins read
SBI vs Bank of Baroda vs Canara Bank: How India’s top PSU banks performed in Q4
Indian PSU banks have yet again delivered another stellar quarter of earnings in the fourth quarter…
4 mins read
Indian bank stocks drag Nifty, Sensex for the second straight day after RBI policy
While the Reserve Bank of India’s (RBI) monetary policy committee (MPC) kept base rates unchanged t…
2 mins read
Indian stock markets tank after investors rush to book profits
Indian stock markets recorded a significant decline due to the profit-booking in financial, IT and …
PTI
3 mins read
Borrowers with multiple personal loans a big risk to profitability of banks and NBFCs
Raging inflation is not just burning a hole in the pockets of consumers. It is also impairing the a…
1 min read
SBI reports ₹8,432 net profit in Q3, a 62% year-on-year increase
Accordingly, the net profit represents an increase of 62.27 per cent rise on YoY basis. The b…
1 min read
SBI reports strong net profit as bad loan eases down
The total income of the SBI group rose to Rs 1,01,143.26 crore in the quarter under review, co…
PTI
1 min read
India's largest bank reports a sharp fall in bad loans — enough for the street to ignore the 7% fall in profit
Total income (standalone) also fell marginally to Rs 75,980.65 crore during Q3FY21, as against …