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4 mins read
Rally in banking stocks continues as credit growth picks up & margins get a boost
Indian banking stocks have been rallying since the last couple of weeks on the back of an uptick in…
4 mins read
Time to buy banks? Morgan Stanley says yes as banks are entering 2nd leg of earnings upgrades
The theory of a post-Covid capex boom is gaining favour with analysts and financial institutions. T…
5 mins read
PSU banks near all time high as analysts expect a rerun of 2004-05 corporate capex cycle
Public sector banks are among the top performers on the stock exchanges with valuations reaching al…
4 mins read
SBI to ICICI — five banks among top 10 public Indian companies in the Forbes Global 2000 list
Four banks and a finance company made it to the top ten Indian firms in the Forbes Global 2000 list…
5 mins read
One in every five rupees lent by SBI to individuals, goes to government employees
That is one in every five rupees lent to individual borrowers goes to people working in the gove…
4 mins read
HDFC, Bandhan, AU Small Finance and other bank stocks surge as more people rushed to borrow money
Banking stocks were at top of their game today, December 5, leading the market sentiment. Several b…
1 min read
SBI reports strong net profit as bad loan eases down
The total income of the SBI group rose to Rs 1,01,143.26 crore in the quarter under review, co…
PTI
2 mins read
SBI’s profit jumps over 50% in Q2 — India’s largest bank plans to outperform the industry when it comes to credit growth
India’s largest bank, the State Bank of India (SBI), has logged a net profit of 51.88% on an annual…
2 mins read
SBI’s new chief Dinesh Khara shares his stance on restructuring, capital raising, hiring, and more
Dinesh Khara held his first press conference today as the new chairman of India’s largest banking e…
3 mins read
SBI share price is up 5% as brokerages raise target prices to over ₹200
SBI share price was up by 5% after the bank reported a 315% jump in profits during Q4. Credit Suiss…
3 mins read
SBI Card reported an increase of 14% in its profits, while its active credit cards increased by 20%
SBI Card reported a 14% increase in profit in the quarter ended June, along with a 20% increase in …
2 mins read
SBI Card profit gets squeezed by bad loans, impairment charge, and a big provision for COVID-19
SBI Cards and Payment Services today posted its Q4 earnings (January-March 2020), revealing a fall …
3 mins read
India's largest bank's profit spikes thanks to SBI Cards share sale— bad loans are under control
India’s largest bank, the State Bank of India (SBI), posted a profit of ₹3,480.81 crore for the f…
3 mins read
SBI, India's largest bank, is only worth a third of HDFC Bank — and the COVID-19 lockdown is making it bleed even more
The State Bank of India (SBI), the largest bank in India, is only worth one-third of HDFC Bank,…
2 mins read
Top stocks to watch — SBI, HDFC Bank, Wipro, RIL, Future Retail, TCS, Jindal Stainless, UPL, IRCTC, and others
Indian stock-market indices are likely to begin on a tepid note on Wednesday, led by mixed cues fro…
6 mins read
Samvat 2077: Bharti Airtel, Infosys, ICICI Bank, SBI, Varun Beverages and Can Fin Homes stocks are among the top Diwali picks
While Diwali is widely celebrated across India, the festival is a markedly special occasion for the…
1 min read
Union Bank of India MD & CEO Rajkiran Rai is new chairman of IBA
Indian Banks' Association (IBA) on Friday said Union Bank of India's MD and CEO Rajkiran Rai G has …
PTI
3 mins read
India's pile of bad loans could be at least 1.5 times bigger in the next 9 months
The moratorium on paying back loans, which was brought into effect in March, has kept a cloak on…
2 mins read
Top stocks to watch in trade — SBI, PNB, TCS, JMC Projects, Bank of Maharashtra, FDC and more
Indian stock-market indices are likely to open on a tepid note on Wednesday, on the back of muted g…
3 mins read
Indian economy in transition phase, growth to come back: SBI Chairman
"Growth can come back.Because of a lot of (reforms), economy is in transition.We had GST (goods and…