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7 mins read
Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…
1 min read
Markets rebound in early trade on rally in global peers, foreign fund inflows
The 30-share BSE Sensex jumped 428.83 points to 81,951.99 in early trade. The NSE Nifty climbed 154…
PTI
1 min read
Sensex, Nifty climb in early trade on rally in global markets, foreign fund inflows
The 30-share BSE Sensex climbed 241.68 points to 81,801.22 in early trade. The NSE Nifty went up 78…
PTI
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…
3 mins read
Stock market closing: Nifty, Sensex close the day in red, IT, Media gain major ground
As for sectoral indices, IT (up by 1.17%) and Media (up by 1.05%) gained during the day, while FMCG…
3 mins read
Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO
Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…
4 mins read
Hindenburg shared the Adani report with its client Mark Kingdon two months before publishing it: Sebi
Hindenburg Research shared Adani report with Mark Kingdon two months earlier, according to the SEBI…
PTI
1 min read
Kotak Mahindra Bank shares climb nearly 5% after Q4 earnings
It emerged as the biggest gainer among the BSE Sensex and NSE Nifty firms. Kotak Mahindra …
PTI
1 min read
Kotak Mahindra Bank shares decline over 4%; hit 52-week low
At the NSE, it went lower by 4.40 per cent to Rs 1,552.40 -- the 52-week low. Manian, who …
PTI
1 min read
RBI bars Kotak Mahindra Bank from onboarding new customers via online, issuing fresh credit cards
"Serious deficiencies and non-compliances were observed in the areas of IT inventory management…
PTI
1 min read
Markets decline in early trade; Kotak Mahindra Bank tanks over 12%
Cracking down on repeated non-compliance of IT norms, the RBI on Wednesday barred Kotak Mahin…
PTI
2 mins read
RBI action on Kotak Mahindra Bank may restrain credit growth, profitability: S&P
Credit cards are a higher-yielding target growth segment for Kotak Mahindra Bank. This portfoli…
PTI
3 mins read
Markets extend gains for 5th session; Sensex revisits 74k
Rising for the fifth straight session, equity benchmark Sensex rallied nearly 500 points to reclaim…
PTI
2 mins read
Kotak Mahindra Bank shares tank 13%; mcap erodes by ₹37,721 crore post RBI action
At the NSE, it tumbled 13 per cent to the 52-week low of Rs 1,602. The company's market ca…
PTI
2 mins read
Stock market closing: Nifty, Sensex close the day with minor gains, Bajaj Finserv, Mahindra and Mahindra amongst top gainers
All broad market indices closed the day in green, with Nifty Next 50 up by 1.21%, midcap 100 up by…
3 mins read
Carnage on D-Street as Sensex and Nifty tumble by over 1%, investors lose Rs 13 lakh crore in 2 days
Both midcap and smallcap indices also witnessed significant bloodshed, with midcap 50 falling by 2.…
3 mins read
RBI likely to maintain status quo after food inflation keeps Feb print high, say experts
In February, retail inflation came in on expected lines at 5.09%. However, high vegetable inflation…
6 mins read
Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…