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3 mins read
Congress criticises SBI's decision to convert SIIL debt into equity, urges RBI intervention
The State Bank of India (SBI), being SIIL’s largest lender, found itself at the centre of this fina…
2 mins read
HDFC bank sees muted quarterly business; share drops 4.15% during trade today
Anticipating that HDFC Bank's foreign inclusion factor to increase from 50% to 100% in the MSCI Ind…
2 mins read
Significant decline in job growth in FY24, IT and Textile sector labelled 'job destroyers', notes recent BoB report
India Inc. saw a significant slowdown in employment growth, with an increase of just 1.5% in FY24, …
ANI
2 mins read
Stock market today: Nifty, Sensex open in green; Wipro, Tech Mahindra take lead in early trade
During early morning trade, Eicher Motors, Wipro, Tech Mahindra, HCL Tech and ONGC were leading, wh…
2 mins read
The odds of Russia's economy collapsing are 'extremely small' and the war can go on for the long term, economist says
Russia can fight the war in Ukraine indefinitely as its economy has adapted and is now stable, an e…
Jennifer Sor
2 mins read
HDFC Bank shares decline over 1%, market cap erodes ₹14,434 crore
On the NSE, shares of the company went lower by 1.10 per cent to settle at Rs 1,514.35, paring …
PTI
11 mins read
Meet the executive tasked with Citi's hardest challenge: getting the bank's house in order
Anand Selva made his name in Citi's consumer bank. Now he runs Citi's multibillion-dollar effort to…
Hayley Cuccinello
3 mins read
Stock market closing: Markets take a cautious stance ahead of the budget
Grasim, UltraTech Cement, NTPC, HDFC and Mahindra and Mahindra were amongst the top gainers during …
2 mins read
Exposure to India's infra sector helps LIC, SBI outshine peers
Global majors, including Warren Buffet-owned Berkshire Hathaway, have been successful due to their …
PTI
2 mins read
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…
3 mins read
Street to keep a hawk eye HDFC Bank’s net interest margin and deposit growth trends
HDFC Bank’s merger with parent HDFC Limited has expanded its book but affected its profitability. I…
2 mins read
HDFC Bank gains 1.5% after LIC gets nod to raise stake
HDFC Bank opened in the green on Monday morning, after LIC received a nod from the government to ra…
4 mins read
You can take a loan to fund your summer sojourn in Europe, but it pays to be careful
A trip to Europe may be on the bucket list for many people, but it can burn a hole in your pocket. …
3 mins read
Return ratios now even more starkly in favour of ICICI Bank compared to HDFC Bank
Shares of HDFC Bank have corrected from ₹1,661 on September 15 to ₹1,537 per share after the bank b…
2 mins read
Russia's central bank and lenders tell each other to resolve the country's yuan supply squeeze
Russian banks are urging Russia's central bank to increase yuan liquidity through swaps. The centra…
Huileng Tan
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 …
3 mins read
RBI clarifies restructuring only for loan accounts without any defaults as of March 1
This is because the restructuring framework is applicable only for eligible borrowers who were clas…
PTI
3 mins read
Stock market closing: Nifty, Sensex close the day in red, IT, Media gain major ground
As for sectoral indices, IT (up by 1.17%) and Media (up by 1.05%) gained during the day, while FMCG…
2 mins read
HDFC-HDFC Bank merger gets NCLT clearance
The National Company Law Tribunal (NCLT) on Friday approved the merger of HDFC and HDFC Bank. This …
5 mins read
A tale of three banks: The outperformer, the attractive and the high-valued
India’s private sector banks have been having a dream run at the stock markets thanks to lowering d…