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3 mins read

The PSU rally is likely to continue as stocks still at 40% discount to Nifty50

The Public Sector Undertaking (PSU) stocks have been rallying with several seeing a bull run especi…

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1 min read

High valuations of the market creeping into PSU stocks, say analysts

The overall high valuations of the market is creeping into PSU stocks too. If the markets correct s…

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3 mins read

HDFC-HDFC Bank merger to bring foreign inflows of up to $3 billion

India’s largest private-sector lender HDFC Bank and largest housing finance company HDFC are all se…

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2 mins read

SBI and private banks may gain customers from India's government banks' mergers

The Indian government has decided to merge 10 state-owned banks into four, a move that has been che…

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4 mins read

Public sector enterprises stage a comeback in 2022 thanks to PSU banks – the future looks healthy, say analysts

Public sector undertakings, or PSUs, have staged a comeback in 2022, powered by robust recovery in …

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8 mins read

FPIs pour ₹11,452 crore in financial services in the first half of November

Foreign portfolio investors (FPIs) have taken a shine to the financial services sector in the first…

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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…

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2 mins read

Bank of Baroda surges 10% as net profit doubles, aims to grow loan book by 12% next year

State-owned Bank of Baroda delivered strong financial performance in October to December quarter an…

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6 mins read

HDFC twins wipe out ₹2.5 lakh crore investor wealth, push HDFC out of top 10 largest companies in India

HDFC and HDFC Bank, two pillars of India’s financial sector have seen a meltdown unlike anything be…

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5 mins read

India’s 20 state owned banks get about $5 billion back from a loan written off and they are thrilled

The amount of ₹34,250 crore ($4.61 billion) paid by Piramal will be through a combination of cas…

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3 mins read

Foreign investors continue to bet big on banks and nibbling on small and mid cap stocks

The shareholding pattern of NSE500 stocks has witnessed significant changes in recent months, with …

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6 mins read

ICICI Bank vs HDFC Bank: How India’s top two private lenders have performed in Q4

India’s largest private lenders ICICI Bank and HDFC Bank have both declared their March quarter and…

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3 mins read

Compass employees question the real-estate brokerage's cost cutting, saying it threatens the startup's tech ambitions

Compass, which lost roughly $6 billion since its 2021 IPO, is racing to cut costs. Plus, there's an…

Kaja Whitehouse   


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3 mins read

Bank earnings could see a further ramp up in Q3, say analysts

Indian banks are seeing a boost in their earnings in the December quarter as loans are being repric…

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2 mins read

Morgan Stanley snaps up asset manager Eaton Vance in $7 billion takeover as its buying spree continues

The deal is part of the Wall Street firm's push to acquire businesses across a number of platforms,…

Shalini Nagarajan   


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4 mins read

After the Ides of March, analysts pick best stocks that can be bought on dips

India’s blue chips State Bank of India, Maruti Suzuki, Reliance Industries, Infosys and ITC emerged…

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2 mins read

This is why the Finance Minister wants to acquire more small and mid-sized banks

One of the possibilities is that large public sector banks (PSBs) like Punjab National Bank, B…

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2 mins read

Who is becoming SBI’s new chief after Bhattacharya?

This also includes chairman and one managing director of the SBI, which alone has markshare…

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1 min read

SBI, Mindtree, Ambuja Cement — Indian investment bank reveals their top stock picks

Amid the ongoing market volatility, the brokerage house ICICI Securities has recommended State Bank…

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5 mins read

Clix Capital's urge to be a bank must be too intense for it to merge with Suryoday

Even as the deal would help micro-lender turned banker Suryoday to expand its loan book, the d…