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4 mins read
Time to buy banks? Morgan Stanley says yes as banks are entering 2nd leg of earnings upgrades
The theory of a post-Covid capex boom is gaining favour with analysts and financial institutions. T…
1 min read
HDFC Bank shares fall nearly 2 pc post Q3 results
New Delhi, Jan 20 () Shares of HDFC Bank on Monday declined nearly 2 per cent after the company's n…
PTI
2 mins read
HDFC Bank Q3 net profit rises 33% to Rs 7,417 crore
New Delhi, Jan 18 () Private lender HDFC Bank on Saturday reported a 32.8 per cent growth in net pr…
PTI
3 mins read
HDFC Bank Q4 net up 15 pc at Rs 7,280 cr; sees challenges ahead on Covid-19
"Furthermore, with the government initiating lockdown in the latter half of March, and our strict …
PTI
3 mins read
Top stock movers — Future Retail, RIL, TCS, HCL Tech, ICICI Bank, Axis Bank, IndusInd Bank, and others
The 30-share BSE index gyrated 473 points in the first 30 minutes of trade, and NSE Nifty fell 4…
2 mins read
HDFC pitches for one-time loan recast for realty projects
Mumbai, Jan 28 () Ahead of the presentation of the Union Budget 2020-21, largest pure play home fin…
PTI
2 mins read
RBI bars public and cooperative banks from doling of dividends for a second time — adds to the three-year drought of payouts
The Reserve Bank of India (RBI) announced that public sector banks and cooperative banks would not …
1 min read
Unsecured retail lending is rising in private banks and this could be dangerous
HDFC Bank’s personal loan book grew by 41 per cent at Rs 41,000 crore, and its credit card business…
3 mins read
Confused why your Home Loan EMIs will not be so cheap despite the Banks cutting rates? We tell you why!
Speculations were rife that banks will cut their interest rates only by 30 basis points from the mi…
1 min read
HDFC Bank’s Q2 Profit Surges 20%
The bank’s net interest income surged 23.1% to Rs 5,511 crore in the July-September quarter from Rs…
3 mins read
SBI piles on profit and provision with cash from selling stake in insurance business— bad loans drop
India’s largest lender, the State Bank of India (SBI) continues to soar through the green with a 81…
2 mins read
Spoiler Alert: Know why RBI’s repo rate cut will not impact your home, auto loan EMIs
He added that if the banks reduce the rate of interest on loans by a considerable basis points, it …
5 mins read
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…
1 min read
Bank stocks hit hard; tumble up to 10 pc
IndusInd Bank was the top laggard in the Sensex pack, cracking 10 per cent, RBL Bank dropped 9.55 …
PTI
3 mins read
SBI share price is up 5% as brokerages raise target prices to over ₹200
SBI share price was up by 5% after the bank reported a 315% jump in profits during Q4. Credit Suiss…
2 mins read
ICICI Bank tumbles over 5 pc after Q4 earnings
ICICI Bank President Sandeep Batra said the lender had slippages of Rs 4,300 crore in the precedin…
PTI
3 mins read
An Indian bank is still making the same mistake of hiding the worst and hoping for the best
To start with, Mumbai-based IndusInd’s profits fell by 62% in the fourth quarter compared to ₹9.5 …
2 mins read
Local HNIs, financial institutions keen to invest in Yes Bank, say analysts
"Apart from capital support, SBI holding stake in the bank will soothe depositors, as otherwise Ye…
PTI
2 mins read
Yes Bank posts Rs 2,629 cr quarterly profit on bonds write-off
As part of the the bailout process, the AT-1 bond holders' investment was written-off citing exist…
PTI
2 mins read
Market pauses after four-day winning run; banking stocks slide on NPA woes
Mumbai, Jan 15 () Benchmark indices Sensex and Nifty took a pause after a four-session record run o…