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2 mins read
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…
3 mins read
4 trends to watch this bank earnings season
JPMorgan kicks off bank earnings on Friday. All eyes will be on what lower interest rates may mean …
Kaja Whitehouse
5 mins read
Inside Wall Street's efforts to value OpenAI: Who's involved, how it could work, and what's at stake for the banks
Valuing OpenAI will be a stressful, drawn-out process with little to no financial gain for Wall Str…
Reed Alexander
8 mins read
ETFs performed better than actively-managed equity mutual funds in FY23
Amid high volatility in the equity markets, exchange-traded funds or ETFs fared better than activel…
4 mins read
Public sector enterprises stage a comeback in 2022 thanks to PSU banks – the future looks healthy, say analysts
Public sector undertakings, or PSUs, have staged a comeback in 2022, powered by robust recovery in …
2 mins read
SBI and private banks may gain customers from India's government banks' mergers
The Indian government has decided to merge 10 state-owned banks into four, a move that has been che…
3 mins read
Mega-merger of PSU banks to be effective from Wednesday; 6 banks cease to exist
Commenting on the consolidation, Canara Bank MD L V Prabhakar said, "We are delighted that followin…
PTI
5 mins read
India’s 20 state owned banks get about $5 billion back from a loan written off and they are thrilled
The amount of ₹34,250 crore ($4.61 billion) paid by Piramal will be through a combination of cas…
3 mins read
It’s not banks but insurance that the retail investors now fancy
Retail investors are betting on India’s top-down approach, shows the latest data released by AMFI (…
3 mins read
Foreign investors continue to bet big on banks and nibbling on small and mid cap stocks
The shareholding pattern of NSE500 stocks has witnessed significant changes in recent months, with …
2 mins read
The transformative potential of crypto and blockchain is 'difficult to overstate,' Bank of America says in its debut report on the sector
Bank of America launched coverage of digital assets to make sense of a rapidly growing asset class …
Isabelle Lee
4 mins read
Companies with $465 billion in combined market cap to see a CEO change in the next 12 months: Here’s what investors should do
Leadership changes in large companies can be pivotal, and often lead to the ushering in of new idea…
2 mins read
Govt to finalise PSU general insurers' merger by March-end: Finance Secretary
"These cooperatives also play an important role in last-mile agriculture credit. So, while we need…
PTI
6 mins read
PSU bank employees wage revision finalised after three years of waiting — only a ₹1,100 increase in salary for officers
The wage revision for public sector bank officers, which has been pending since 2017, has been sign…
2 mins read
Indian government decides to merge ten public sector banks to form four large entities
Indian finance minister Nirmala Sitharaman today announced the merger of ten state-owned banks into…
2 mins read
Govt unlikely to announce capital infusion for PSU banks in Budget
New Delhi, Jan 5 () The government is unlikely to announce capital infusion for the public sector b…
PTI
2 mins read
India’s Chief Economic Advisor blames auditors for failing India’s economy
The analysis by Chief Economic Advisor (CEA) pointed to eight leading indicators that shou…
7 mins read
Sensex, Nifty50 drop 1% dragged down by banking, financial services and realty stocks
India’s benchmark indices Sensex and Nifty50 slumped lower for second consecutive session with 1% e…
3 mins read
Exim Bank recruitment 2022: Checkout vacancies, eligibility criteria and other details
Exim Bank is hiring 30 officers on contract for various departments. The online application window …
2 mins read
Germany ramps up steps to seek merger between battered bank giants Deutsche Bank and Commerzbank
Takeover or merger talk is nothing new for Deutsche. Last month, Citigroup CEO Michael Corbat repor…