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3 mins read

IDFC First Bank posts Rs 76.36 cr net profit in March quarter

Sequentially, there was a net loss of Rs 1,631.59 crore in the third quarter ended December 2019…

PTI   


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4 mins read

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   


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1 min read

Tech Mahindra chickens out of payments bank race, cites delayed profitability and tough competition

The firm has cited that the business would take a lot of time to turn profitable because of "aggres…

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3 mins read

Top stocks to watch in trade— HDFC Bank, Sun Pharma, HCL Tech, HAL, Bharat Forge, BHEL, Kotak Mahindra, IndusInd Bank, GMR Infra and more

Amid positive cues from the global peers, Indian stock-market indices are likely to open in green o…

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1 min read

RBI to launch the nation's first digital rupee pilot project for the wholesale segment today

The central bank further informed that "the first pilot in Digital Rupee - Retail segment (ea,…

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2 mins read

How viable are payments banks in India?

In a release addressed to media, Sharma said, “"RBI has given us an opportunity to create a new…

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3 mins read

Reliance Industries topples IOC to become India's largest company

State-owned Oil and Natural Gas Corporation (ONGC) was ranked third, same as in 2018. It was fo…

PTI   


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Nifty Bank index up over 11% so far this year, BoB outperforms index

Nifty Bank, which is comprised of the most liquid and large capitalised Indian banking stocks, is u…

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2 mins read

GiveIndia starts India COVID Response Fund with Rs 75 cr in initial donations

Shilpa Kumar (Investment Partner, Omidyar Network India), Ingrid Srinath (Director, CSIP, Ashoka Un…

PTI