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Here’s why Axis Bank’s quarterly profit tripled in the last three months

Axis Bank, one of the largest private banks in the country, has more than tripled its profit in the…

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3 mins read

ICICI Bank shares are sulking with the rest of the market, but analysts say it could make a lot of money for investors

Analysts at brokerage firms have retained ICICI Bank stock among their top picks after the bank del…

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2 mins read

HDFC Bank has lost over $2 billion in market value after the RBI crackdown on the lender’s digital business

The share price of private-sector lenders cracked over 2% during the afternoon session after tra…

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Shrinking car and two-wheeler sales is now hurting India’s biggest private bank

Shrinking retail loans was the primary reason for investor disappointment. Now, the lack of borr…

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14 mins read

Watching the Sensex can be misleading-- India's mid and small cap stocks have lost ₹2.4 trillion of investor wealth this year alone

The Sensex is up over 8% for the year but the stocks outside the blue-chip space have swung in exac…

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4 mins read

Top stock movers — Bank of Baroda, Reliance Industries, Future Retail, HUL, ICICI Bank, SBI, HDFC Bank, Bharat Dynamics, Tata Motors and more

Indian stock market index Sensex jumped over 250 points in early trade on Thursday led by gains in …

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1 min read

CORRECTED: IDBI Bank says defaulting diamantaire owes only ₹16.7 crore in principle

“IDBI Bank has exposure to M/s Sanghavi Exports International Pvt. Ltd. (which is NPA), but the …

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2 mins read

Fino Payments Bank IPO allotment tomorrow, investors had oversubscribed by over 2 times

Navi Mumbai-based fintech company Fino Payments Bank is likely to announce the allotment status of …

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4 mins read

How RBI's proposed restrictions may affect your dividends

The Reserve Bank of India issued a draft circular that proposed restrictions on non-banking finance…

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4 mins read

High turnover and mounting losses are plaguing Goldman Sachs' Marcus consumer-banking unit

Turnover's been high at Goldman Sachs' Marcus consumer-banking unit. Plus, a "messy" end to a Faceb…

Matt Turner,Jordan Parker Erb…   


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India ranks 116 in World Bank's human capital index

Washington, Sep 17 () India has been ranked at the 116th position in the latest edition of the Worl…

PTI   


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5 mins read

ICICI Bank leaves SBI behind in credit card spends as it chases HDFC Bank in pole position

As fear of a third Covid-19 wave in India eased and festive sales began, ICICI Bank surpassed State…

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3 mins read

Why the banks lending Elon Musk billions to buy Twitter won't back out now

The Wall Street banks who promised to loan Elon billions are unlikely to pull out. We also cover Mi…

Michelle Abrego   


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2 mins read

IL&FS case: The latest arrests in India's largest financial scandal of 2018 are for alleged money laundering

Arun Shah was the Joint Managing Director of IL&FS Financial Services while K Ramchandra w…

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4 mins read

Bank holidays in August add up to 15 days across India

From Muharram, the first month of the Islamic calendar, which begins on August 20 to the harvest fe…

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3 mins read

Base comp at boutique banks has soared. Here's how much 9 firms are paying analysts, associates, and VPs.

From Evercore to Centerview to Moelis, here's how much you can expect to get paid at 9 different in…

Dan DeFrancesco   


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3 mins read

Top stocks to watch— Future Retail, PVR, Central Bank, ICICI Bank, SpiceJet, Indiabulls Housing Finance, Ashok Leyland and more

Indian stock market is likely to open on positive note tracking cues from the global peers. At 7:40…

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2 mins read

Top stocks to watch today— SBI, DLF, PNB Housing, Yes Bank, Ruchi Soya, Titan Company and more

Amid cautious cues from the global markets, Indian stock-market indices are likely to open in red o…

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Top stock movers on Dalal Street today —SBI, Yes Bank, Indiabulls, RIL, Uflex and more

Indian stock market indices Sensex jumped over 200 points in early trade on Wednesday tracking posi…

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3 mins read

Zinya Salfiti