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India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter
Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …
Sensex, and Nifty rebound to greens, metals and banks lead the rally on bourses today
Indian benchmark indices, Nifty and Sensex, rebounded from last week's losses, closing higher on Mo…
Net NPAs of Indian banks dropped by 24.9% and Gross NPAs by 15.2% as of June 2024: CareEdge
The gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) fell by 15.2 per cent …
ANI
Profit of public sector banks expected to decline by 0.6 percent QoQ : Motilala Oswal
As the earnings season for the second quarter of FY25 unfolds, public sector banks (PSBs) are expec…
ANI
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
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…
Market closing : ICICI, HDFC and other private banks shine as Nifty, Sensex hit all-time high
Amidst broad-based indices, Nifty midcap 50 and midcap 100 closed the day in red. Out of the 2,753…
Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das
In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …
PTI
Nifty and Sensex continue downward trend, selling continues despite Trump's victory
Indian stock markets opened flat with a marginal dip on Thursday after Donald Trump's victory, whil…
Economic Survey pegs growth at 6.5-7%; solidifying India's strong macroeconomic fundamentals: CBRE
Inflation is anticipated to moderate around 4.5 per cent and it reflects a 'well-balanced' economic…
PTI
Under strain from war, Russia plans a massive layoff in its public sector: report
Russia is expected to lay off at least 40,000 government officials by July, according to a report b…
Hannah Abraham
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…
Stock Market Today: Maruti, Grasim, and Eicher Motors take lead in early trade
Continuing its momentum from yesterday, Maruti opened the day in green and was up by 1.66%. Grasim,…
Stock market today: Sensex tops 80,000 for the first time; HDFC and Kotak Bank take lead
HDFC, Axis, ICICI, Kotak Bank, and Britannia were among the early gainers on the market today, whil…
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…
Your nest egg is private-equity giant Apollo's 'single biggest opportunity' for growth
Apollo CEO Marc Rowan on Tuesday explained how guaranteeing income for life and 401(k)s stand to be…
Alex Nicoll
India could lose a quarter of its economy by 2070 – here’s why
India faces significant risks from climate change, including sea-level rise, extreme heat, and seve…
IndusInd Bank and Tata Power Renewable partner to provide collateral-free solar loans to MSEs
Through this collaboration, Tata Power Renewable and IndusInd aim to ease the transition to solar e…
RBI penalties on banks, NBFCs add up to Rs 40.39 crore for 2022-23
The Reserve Bank of India (RBI) has imposed penalties to the tune of Rs 40.39 crore on banks, non-b…
Stock market today: PSU, Private banks dip, pharma and healthcare take lead in early trade
Nifty Bank, financial services, and private banks registered over 1% fall, while pharma and healthc…