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2 mins read
Indians credit card spending increases 19% YoY to Rs 1.7 trillion in July 2024
According to a report released by SBI Securities, the total expenditure by credit card users across…
ANI
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
1 min read
Global cyber outage: Banks, payments systems unaffected by Microsoft outage
HDFC Bank, the biggest among the private sector lenders, also said that it has not faced any impact…
PTI
2 mins read
Stock market closing: Nifty, Sensex close the day in red, Axis bank stock dips by 5%
Out of the 2,765 stocks traded during the day, 1,369 saw advances, while 1,318 declined, and anothe…
2 mins read
What has changed for your credit cards, starting today?
Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…
1 min read
Market valuation of nine of top-10 most valued firms jumps Rs 1.85 lakh crore! Reliance, HDFC steal the show
Nine of the top-10 most-valued firms together added Rs 1,85,320.49 crore in market valuation last w…
PTI
2 mins read
Markets rebound sharply on buying in bank stocks firm global trends
Benchmark BSE Sensex rebounded sharply by 941 points while NSE Nifty closed above the 22,600 lev…
PTI
2 mins read
Aadhar Housing Finance sets IPO price band at ₹300-315 per share
This will be the third maiden public issue opening next week after TBO Tek and Indegene. …
PTI
3 mins read
RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure
Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…
3 mins read
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…
3 mins read
Loan growth showing signs of reversal from cyclical highs, but asset quality to remain healthy
Loan growth in the Indian banking sector is starting to show signs of reversal from cyclical highs …
3 mins read
Indian banks better placed than their US peers due to attractive valuations and stickier deposits
Turmoil in the US and Europe’s banking sector has had an impact on banks in other markets as well, …
1 min read
Top 10 banks in India by market cap & their share performance in the last 1 year
Here are the top 10 banks in India by market capitalisation and the returns that their shares have …
1 min read
5 companies that will drive Nifty’s earnings in Q4
The Q4 earnings season has begun on a sombre note with IT sector reporting weak numbers.Top compani…
4 mins read
Indian banks’ decade-best metrics and subdued valuations make them a compelling buy: Bernstein
Indian banks just reported a stellar December quarter driven by healthy growth in margins, loans an…
3 mins read
Bank earnings could see a further ramp up in Q3, say analysts
Indian banks are seeing a boost in their earnings in the December quarter as loans are being repric…
1 min read
SBI, ICICI Bank, HDFC Bank continue to remain systemically important banks: RBI
The RBI on Monday said state-owned SBI, along with private sector lenders ICICI Bank and HDFC Bank …
PTI
2 mins read
India benchmark equity closes in red, stocks of Bank Nifty dip 469 points
Among the sectoral indices, Nifty Bank deteriorated and remained in red while other sectors that re…
ANI
1 min read
Market cap of 8 out of top-10 firms jumps ₹1.35 lakh crore, SBI, Reliance major winners
The market valuation of State Bank of India jumped Rs 35,029.1 crore to Rs 5,47,257.19 crore.…
PTI
1 min read
Jana Small Finance Bank re-files IPO papers with Sebi
Jana Small Finance Bank Ltd has re-filed draft papers with capital markets regulator Sebi to mobili…