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External borrowings to meet capital needs putting pressure on bank's net interest margins, says a report by SBI Securities

The banks in the country are facing challenges due to a slowdown in deposit growth, according to a …

ANI   


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3 mins read

CPI inflation drops to lowest in five years but road ahead could be bumpy: SBI Report

India's CPI inflation dropped to 3.54% in July 2024, the lowest in nearly five years, due to a sign…

ANI   


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Stock market closing: Nifty, Sensex close the day in red, Axis bank stock dips by 5%

Out of the 2,765 stocks traded during the day, 1,369 saw advances, while 1,318 declined, and anothe…

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SBI Caps report highlights optimistic outlook for the Indian economy, despite deteriorating global pitch

State Bank of India (SBICAPS) report titled "Maintaining Momentum on a Deteriorating Global Pitch" …

ANI   


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Stock market today: Sensex, Nifty inch up marginally, NTPC and Power Grid take early lead

NTPC and Power Grid Corporation of India inched by 2% each during early trade today. Asian Paints, …

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Stock market opening: Nifty, Sensex open in red, Sensex dips over 500 points in early trade on July 25th, 2024

SBI Life, Tata Motors, Larsen and Toubro, Nestle India and HDFC bank took early gains in trade, whi…

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Exposure to India's infra sector helps LIC, SBI outshine peers

Global majors, including Warren Buffet-owned Berkshire Hathaway, have been successful due to their …

PTI   


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3 mins read

Stock market closing: Auto, IT, Media sectors close in red, Asian Paints, SBI Life amongst top gainers

Asian Paints (up by 3.29%), SBI Life (up by 2.18%), Divis Labs (up by 1.91%), Britannia (up by 1.57…

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3 mins read

Disclose all details in possession, including the Electoral Bonds' unique alphanumeric numbers: SC to SBI

The Supreme Court on Monday directed the State Bank of India (SBI) to disclose all details in its p…

ANI   


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Investors' wealth erodes by ₹8.50 lakh crore as markets tumble

Equity investors became poorer by Rs 8.50 lakh crore on Tuesday as markets came under a bear attack…

PTI   


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Adani Group to commission first phase of $4 billion PVC petrochemical project by Dec 2026

Polyvinyl chloride (PVC) — the third-most common synthetic plastic polymer made worldwide — is used…

PTI   


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Stock market closing: Sensex, Nifty close the day in green, PSU banks soar by over 3%

ONGC (up by 5.18%), SBI Life (up by 2.95%), Shri Ram Finance (up by 2.88%), State Bank of India (up…

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3 mins read

RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure

​​Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…

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India benchmark equity closes in red, stocks of Bank Nifty dip 469 points

Among the sectoral indices, Nifty Bank deteriorated and remained in red while other sectors that re…

ANI   


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RBI's MPC 'decisively' in a rate-pause mode as inflation cools down

The Reserve Bank of India’s Monetary Policy Committee (MPC) sprung a surprise by pausing rate hikes…

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8 mins read

SBI vs Bank of Baroda vs Canara Bank: How India’s top PSU banks performed in Q4

Indian PSU banks have yet again delivered another stellar quarter of earnings in the fourth quarter…

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3 mins read

Sensex scales 76,000 peak, Nifty hits new high before closing lower; IndusInd, L&T, SBI biggest gainers

Sensex scaled the 76,000 level for the first time while Nifty hit a new lifetime peak before closin…

PTI   


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Status quo: Markets trade flat after RBI MPC leaves repo rate unchanged at 6.5%

RBI MPC keeps repo rate at 6.5%. Governor optimistic about inflation and GDP growth. Nifty gainers:…

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Expect RBI to again pause repo rate in February policy meeting: SBI Research

The Monetary Policy Committee of the Reserve Bank of India (RBI) in its February review meeting is …

ANI   


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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