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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…
Banks aggressively garnering funds via CDs, FDs amid firm credit off take
The rising demand for credit in last couple of days has prompted banks to garner funds aggressively…
Capital Small Finance Bank closes 7% below issue price on market debut
Capital Small Finance Bank’s stock slipped 7% on its debut on Wednesday morning. The stock listed a…
ICICI Bank market-cap hits ₹6 lakh crore as its stock rises to a record high
The market capitalisation of the ICICI Bank touched Rs 6 lakh crore mark in the afternoon trade due…
SBI, ICICI, HDFC, Axis Bank, PNB and the Indian IT department targeted in phishing scam
Cyber criminals are trying to lure Indian users into revealing important personal information with …
HDFC Bank is mum on the loans under moratorium— profit jumps 20%, provision for bad loans spike 49%
A 20% jump in HDFC Bank’s quarterly profit compared to a year earlier is good news but the lack o…
Shrinking car and two-wheeler sales is now hurting India’s biggest private bank
Shrinking retail loans was the primary reason for investor disappointment. Now, the lack of borr…
Banks in India may have to fight harder for deposits
Fixed income investors in India are spoilt for choice and bank deposits are far down on the list of…
Mutual fund company stocks bleed this year, thanks to tax hit on debt funds and strict expense ratio norms
The year 2023 has not been kind to asset management companies listed on Indian stock exchanges. The…
ICICI Bank becomes the sixth valuable firm in India with over ₹5 trillion mcap after RIL, TCS, HDFC Bank, Infosys, and HUL
ICICI Bank, one of the leading lenders in the country, has become more valued than ever before as i…
Indian bank stocks drag Nifty, Sensex for the second straight day after RBI policy
While the Reserve Bank of India’s (RBI) monetary policy committee (MPC) kept base rates unchanged t…
Your comprehensive document checklist for income tax return filing
The income tax return filing, or ITR filing, season will be here soon and with that has begun the s…
HDFC Bank's net profit rises over 14% in the first quarter, recommends a dividend of ₹6.50 per share
The Mumbai-headquartered bank had posted a consolidated net profit of Rs 6,927.24 crore in the c…
PTI
IDFC to merge with its banking arm in all-stock deal
IDFC First Bank has announced the merger of its parent company, IDFC Ltd, in an all-stock transacti…
PTI
After SBI, HDFC Bank issues restructuring guidelines for retail loans
Both banks are also offering to extend the balance tenure of the loan by a maximum of 24 month…
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…
ICICI Bank has outpaced HDFC Bank on nearly every count in the last three months
ICICI Bank has been the best perform…
HDFC Bank is beefing up capital and provision to cushion a spike in bad loans post moratorium — and that’s helping its share price
HDFC Bank’s share price is up more than 3% after it announced its earnings over the weekend. The ju…
HDFC Bank reports 16.1% year-on-year rise in net profit for Q1FY22
Besides, the bank's net interest income (interest earned less interest expended) rose to ₹17,0…
HDFC Bank may see credit growth but its margins will continue to remain under pressure in Q1
HDFC Bank is expected to fare better than its peer as it lines up to fire its first-quarter earning…