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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…
Axis Bank share price surges over 6% after earnings reveal that only 9.7% of its loans are exposed to the moratorium
Axis Bank’s share price rallied over 6% in early morning trade, reacting to its Q1 earnings posted …
SBI, HDFC Bank, Axis Bank and other bank stocks tread caution as they wait with bated breath for Supreme Court verdict on moratorium
According to Solicitor General Tushar Mehta, a committee had been …
Loan moratorium: Most pvt banks go for "opt-in" option
Accordingly, joint liability group or self-help group lending, jewel lending, unsecured business l…
PTI
Bank, NBFC stocks tumble after RBI decision
We read this as major negative for all NBFCs (including the ones with strong liability franchises)…
PTI
HDFC Bank offers loan deferment option to customers
The bank in an email to its customers said the prevailing situation may pose a huge challenge for p…
PTI
COVID-19: Axis Bank offers EMI deferment on loans for 3 months
Borrowers whose cash flows are not impacted and do not wish to avail the moratorium, may choose to…
PTI
Seven of the top ten Nifty gainers in the last three months have been financials
The bulls are in charge on Dalal Street and the market has seen a record run with the Nifty 50 hitt…
Why RBI should be answerable to court on basic financial sector principles: Parekh
The RBI's March 27 circular announcing moratorium was later modified on April 17 and May 23 by whi…