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3 mins read
From banks to SIPs – the evolution of investment choices for Indian retail investors
In India, traditional banking institutions were once the go-to for households seeking savings and i…
3 mins read
Congress criticises SBI's decision to convert SIIL debt into equity, urges RBI intervention
The State Bank of India (SBI), being SIIL’s largest lender, found itself at the centre of this fina…
3 mins read
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…
2 mins read
SBI aims to become first financial firm to cross milestone of Rs 1 lakh crore profit: Chairman
SBI recorded a standalone net profit of Rs 61,077 crore in FY24, registering a growth of 21.59%.
PTI
2 mins read
Sensex, Nifty hit fresh all-time high levels, as Sensex closes over 82k, Nifty crosses 25k mark
Surging for the 10th straight session, the 30-share BSE Sensex jumped 194.07 points or 0.24 % to se…
1 min read
Sensex, Nifty climb on rally in US markets, foreign fund inflows
Among the 30 Sensex firms, NTPC, HCL Technologies, Bharti Airtel, Tech Mahindra, Power Grid, A…
PTI
2 mins read
Nifty gains marginally to hit lifetime high
Equity benchmark Nifty rose marginally to hit a fresh lifetime high of 25,052 and Sensex gained ove…
PTI
2 mins read
India marked 1.4 lakh registered Startups; UP ahead of Gujarat and closer to Delhi
The number of startups in India has increased to more than 1.4 lakh, highlighted Union Minister of …
ANI
1 min read
Regreen-Excel files IPO papers with Sebi, aims to raise Rs 350 crore
Regreen-Excel EPC India Ltd has filed for an IPO to raise Rs 350 crore through fresh equity shares …
PTI
1 min read
Federal Bank raises ₹3,099 crore via qualified institutional placement
The board approved the allotment of 23.04 crore shares with a face value ₹ 2 each to eligible quali…
PTI
2 mins read
GDP growth will moderate to 6.5% in FY25 on global headwinds: Axis Bank
India's real GDP growth will moderate to 6.5 per cent in FY25, mainly due to global headwinds, Axis…
PTI
2 mins read
SEBI places JSW Cement's Rs 4,000-cr IPO on hold for now
The proposed issue involves a new issue of equity shares worth Rs 2,000 crore and an offer-for-sale…
PTI
5 mins read
How the hedge fund superstar went extinct
The days of investors trusting a star hedge-fund manager with their cash are in the rearview mirror
Dan DeFrancesco
1 min read
Axis Bank Q3 net profit rises to ₹6,071 crore
rivate sector Axis Bank on Tuesday reported a 4 per cent rise in standalone net profit at Rs 6,071 …
PTI
4 mins read
Qatar Investment Authority unit, SBI funds, Citigroup biggest buyers in Adani Energy's USD 1 billion QIP
The Rs 8,373.10 crore (USD 1 billion) qualified institutional placement (QIP) of Adani Energy Solut…
PTI
3 mins read
Indian economy relatively slowed in Q1-FY25, here's what experts have to say
The Indian economy grew by 6.7% in real terms in the April-June quarter of the current financial ye…
ANI
3 mins read
SBI report dismisses bank deposit concerns as a 'Statistical Myth'
As Finance Minister Nirmala Sitharaman hold a review meeting with heads of Public Sector Banks and …
ANI
1 min read
Adani Group looks to raise $750 mn via syndicated loans from five European banks
The Adani Group is looking to raise $ 750-800 million through syndicated loans from five European b…
1 min read
These are the top stocks sold by mutual funds in April
Mutual funds have sold Indian equities worth ₹5,171 crore in April at a time when foreign portfolio…
11 mins read
Big banks promised to protect the planet. Now they're doing an about-face.
Big banks and asset managers are a powerful force in fighting the climate crisis, but many of them …