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1 min read
Axis Bank stock tumbles over 5% post Q1 earnings; market valuation erodes by Rs 19,816.9 cr
On the NSE, it slumped 5.08 per cent to settle at Rs 1,176.25. The stock emerged as the biggest lag…
PTI
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…
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…
1 min read
Axis Bank posts net profit of ₹7,129 cr in March quarter
Total income rose to Rs 35,990 crore in the March quarter of 2023-24 fiscal, from Rs 28,758 cro…
PTI
6 mins read
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…
1 min read
Axis Bank Q2 net profit rises 10 pc to Rs 5,863 crore
Private sector lender Axis Bank on Wednesday reported a 10 per cent rise in net profit at Rs 5,863 …
PTI
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
6 mins read
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 …
2 mins read
Sensex, Nifty rebound over 1% after six sessions of losses
Equity benchmark indices, the Sensex and the Nifty, on Friday reversed their six-session losing st…
PTI
2 mins read
Axis Bank only Nifty50 stock in the green as D-Street continues to slip for sixth day running
Equity benchmark indices, the Nifty and the Sensex, declined sharply in morning trade on Thursday, …
4 mins read
Axis Bank shares under pressure after Q4 net loss; analysts upbeat on the lender
During the March quarter, the lender reported an exceptional item of ₹12,490 crore, which went i…
3 mins read
Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO
Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…
3 mins read
Stock market closing: Sensex crosses 80k, Kotak, HDFC and ICICI bank lead the rally
On the other hand, TCS lost 1.23%, Titan lost 1.11%, Reliance shed 0.68%, Tata Motors lost 0.41% an…
5 mins read
Axis Bank Q3 net profit grows 62% YoY to ₹5,853 crore, beats expectations even as provisions and slippages rise
Axis Bank on Monday reported a standalone net profit of ₹5,853 crore in Q3, registering a growth of…
3 mins read
Axis Bank’s net profit grows 70% to ₹5,330 crore in Q2
Axis Bank, one of the leading private banks in the country, beat analyst expectations to report a 3…
3 mins read
India's super-rich gear up for a better year ahead: Knight Frank
100% UHNIs in India expect their wealth to grow in 2023, compared to 69% globally. 15% Indian UHNI…
3 mins read
Axis Bank beats street estimates on net profit, business growth disappoints
Axis Bank, the third largest private sector bank, on Monday reported a net profit of Rs 4,125 crore…
4 mins read
Sensex, Nifty50 marginally up amid volatility – IT, auto and FMCG indices among top gainers
India's benchmark indices Sensex and Nifty50 are likely to open in the green on Tuesday amid positi…
5 mins read
Base case for Nifty50 by Dec 2024 is 23,000, says Pranav Haridasan of Axis Securities
Markets like consistency and predictability, which is why companies like HDFC Bank, TCS and Infosys…
3 mins read
Banks to reap rewards of interest rate hikes in Q2 earnings
The Indian banking sector is expected to report strong growth in net interest income, margins and l…