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1 min read

Paytm shares jump 6.50 pc on getting NPCI nod to onboard new UPI users

Shares of One97 Communications rose over 6% after NPCI approved Paytm to onboard new UPI users, adh…

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Stock market today: Nifty, Sensex see muted starts, ICICI, Kotak, Axis bank gain lead

Apollo Hospitals, ICICI Bank, Bharti Airtel, Kotak Bank and Axis Bank gaines early advantage during…

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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…

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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…

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Stock market closing: Nifty, Sensex close the day in red, Axis bank stock dips by 5%

Out of the 2,765 stocks traded during the day, 1,369 saw advances, while 1,318 declined, and anothe…

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3 mins read

FIU imposes over Rs 1.66 crore fine on Axis Bank for failing to detect fraud NSG account

The Financial Intelligence Unit has slapped a fine of more than Rs 1.66 crore on Axis Bank for "fai…

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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…

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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…

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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…

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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…

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Sensex revists 82,000-level as RBI changes monetary policy stance to 'neutral'

Benchmark BSE Sensex jumped over 550 points to revisit the 82,000-level in morning trade on Wednesd…

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Sensex, Nifty pare early gains, trade lower in the afternoon trade

The NSE Nifty also slumped 191.65 points to 24,822.95. The benchmark hit an intra-day high of 2…

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HDFC Bank shares climb over 2%; market valuation jumps Rs 28,758.71 crore

The Nifty climbed 162.65 points or 0.67% to an all-time high of 24,286.50. During the day, it zoome…

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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…

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2 mins read

Don’t need to raise more capital immediately, says Axis Bank’s CEO Amitabh Chaudhry

Axis Bank will not need to raise more capital after the Reserve Bank of India mandated banks to inc…

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Sensex, Nifty climb in early trade on rally in global markets, foreign fund inflows

The 30-share BSE Sensex climbed 241.68 points to 81,801.22 in early trade. The NSE Nifty went up 78…

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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 …

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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 …

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2 mins read

Nifty, Sensex trade flat dragged by financial stocks

Equity benchmark indices, the Nifty and the Sensex declined in early trade on Friday but recovered …

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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…