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1 min read
In Q2, Kotak Mahindra Bank reports a 24% increase in net profit to ₹3,191 crore
Kotak Mahindra Bank's standalone net profit for the quarter ending on September 30 showed an impres…
1 min read
ICICI Bank reports a 36% increase in Q2 net profit
For the September 2023 quarter, private sector lender ICICI Bank on Saturday reported a 36% increas…
1 min read
Bandhan Bank Q2 profit jumps over 3-fold to Rs 721 crore
Bandhan Bank on Wednesday reported over three- fold jump in net profit at Rs 721 crore for the seco…
PTI
1 min read
Kotak Mahindra Bank's net profit rises almost 32% in the first quarter to ₹1,641 crore
The bank had posted a net profit of Rs 1,244.45 crore in the same quarter of the previous fiscal…
PTI
3 mins read
The benefits of diversification: Why asset allocation matters
Asset allocation is a crucial strategy that can help investors achieve a balance between risk and r…
1 min read
'Bond King' Bill Gross reportedly made millions betting on the direction of interest rates as investors changed their Fed policy outlook
Fixed income investors have benefitted from a huge rally over the past month, with bonds notching t…
Jennifer Sor
3 mins read
Explained: With markets volatile, why multi asset allocation funds seem attractive
The markets have been in a bull run from the start of this financial year. Since April, the Nity50,…
1 min read
Vedanta Resources cuts gross debt by USD 1 billion
The firm's gross debt now stands at USD 6.8 billion, down from USD 7.8 billion at the end of March …
PTI
5 mins read
HDFC Mutual Fund launches its first non-cyclical consumer fund – Should you invest?
HDFC Mutual Fund has launched the HDFC Non-Cyclical Consumer Fund, an open ended equity scheme. The…
1 min read
Rana Kapoor corruption case: CBI raids 7 locations in Mumbai
The CBI move came after the Enforcement Directorate arrested Kapoor on Sunday morning after ov…
3 mins read
Yes Bank shares tank over 12% as 3-year shareholder lock-in period ends
Shares of private sector lender Yes Bank tanked more than 12% in early trade on Monday as a Reserve…
3 mins read
Metaverse tokens storm the top 10 list of best-performing cryptocurrencies in 2021
NFTs, a bitcoin ETF, growing use cases, and regulatory developments bought Wall Street asset manage…
Shalini Nagarajan
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…
2 mins read
Indian students are still relying on government banks for education loans
Most private banks now lend only to students enrolling in the partnered universities including Indi…
2 mins read
Hype around the metaverse drove NFT tokens up 42% in November, making it the best performing cryptocurrency sector
NFT-linked cryptocurrencies rose 171% in the September to November period, according to a report fr…
Harry Robertson
2 mins read
Insolvency law a 'Swachhata drive' against non-performing assets: IBBI chief
"As and when they find a problem, they try to address it as expeditiously as possible. The insolve…
PTI
3 mins read
The RBI may have dealt a $1.5 billion blow to Indian banks’ bottom line
As a result, the creditors of IL&FS, which include many of India’s public sector banks such…
3 mins read
India’s finance minister touts the success of the country’s recently-implemented bankruptcy code — but it still requires significant improvement
In a post titled, “Two years of insolvency and Bankruptcy Code (IBC),” Jaitley said that as much…
3 mins read
September earnings on track, but it’s time to tone down optimism says Kotak Institutional Equities
The ongoing fiscal year may have started on a somber note with multiple headwinds hitting equit…
3 mins read
An end to the spat between the RBI and the government could be in sight as the board of the central bank prepares to meet next week
After initially refusing to loosen restrictions under the framework, it appears that the RBI m…