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3 mins read
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
2 mins read
Sensex, Nifty hit fresh all-time high levels, as Sensex closes over 82k, Nifty crosses 25k mark
Surging for the 10th straight session, the 30-share BSE Sensex jumped 194.07 points or 0.24 % to se…
2 mins read
SBI aims to become first financial firm to cross milestone of Rs 1 lakh crore profit: Chairman
SBI recorded a standalone net profit of Rs 61,077 crore in FY24, registering a growth of 21.59%.
PTI
1 min read
Sensex, Nifty climb on rally in US markets, foreign fund inflows
Among the 30 Sensex firms, NTPC, HCL Technologies, Bharti Airtel, Tech Mahindra, Power Grid, A…
PTI
2 mins read
Nifty gains marginally to hit lifetime high
Equity benchmark Nifty rose marginally to hit a fresh lifetime high of 25,052 and Sensex gained ove…
PTI
3 mins read
Sensex, Nifty surge on rally in US markets, foreign fund inflows
The NSE Nifty soared 187.45 points or 0.76 % to 25,010.60. Among the 30 Sensex firms, HCL Technolog…
2 mins read
Don’t need to raise more capital immediately, says Axis Bank’s CEO Amitabh Chaudhry
Axis Bank will not need to raise more capital after the Reserve Bank of India mandated banks to inc…
2 mins read
India marked 1.4 lakh registered Startups; UP ahead of Gujarat and closer to Delhi
The number of startups in India has increased to more than 1.4 lakh, highlighted Union Minister of …
ANI
1 min read
Regreen-Excel files IPO papers with Sebi, aims to raise Rs 350 crore
Regreen-Excel EPC India Ltd has filed for an IPO to raise Rs 350 crore through fresh equity shares …
PTI
1 min read
Federal Bank raises ₹3,099 crore via qualified institutional placement
The board approved the allotment of 23.04 crore shares with a face value ₹ 2 each to eligible quali…
PTI
5 mins read
How the hedge fund superstar went extinct
The days of investors trusting a star hedge-fund manager with their cash are in the rearview mirror
Dan DeFrancesco
4 mins read
Qatar Investment Authority unit, SBI funds, Citigroup biggest buyers in Adani Energy's USD 1 billion QIP
The Rs 8,373.10 crore (USD 1 billion) qualified institutional placement (QIP) of Adani Energy Solut…
PTI
3 mins read
Indian economy relatively slowed in Q1-FY25, here's what experts have to say
The Indian economy grew by 6.7% in real terms in the April-June quarter of the current financial ye…
ANI
1 min read
Adani Group looks to raise $750 mn via syndicated loans from five European banks
The Adani Group is looking to raise $ 750-800 million through syndicated loans from five European b…
3 mins read
SBI report dismisses bank deposit concerns as a 'Statistical Myth'
As Finance Minister Nirmala Sitharaman hold a review meeting with heads of Public Sector Banks and …
ANI
2 mins read
Goa partners with World Bank to tackle sea level rise, coastal erosion and other climate change-related hazards
Studies have shown that about 80% of the Goan population lives in low-lying coastal areas, making i…
1 min read
IndusInd Bank, Suzlon Energy among nine firms added to MSCI India Index
As many as nine firms, including IndusInd Bank, Suzlon Energy and One 97 Communications, were added…
PTI
11 mins read
Big banks promised to protect the planet. Now they're doing an about-face.
Big banks and asset managers are a powerful force in fighting the climate crisis, but many of them …
Catherine Boudreau
2 mins read
Passenger vehicle retail sales dip 5% in August 2024; FADA raises alarm over rising inventory level
Passenger vehicle retail sales in India witnessed a 5 per cent on-year decline in August on account…
PTI
2 mins read
D-Street debuts rake in $1.77 bn in Q3; momentum to continue till general elections
The buzzing Indian initial public offer (IPO) market is the best globally, says a report by Ernst &…