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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…
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…
8 mins read
Equity savings funds explained: A substitute for FD with a marginally higher risk?
Equity savings funds are probably not as well known as their cousin, equity linked savings scheme o…
2 mins read
Sensex, Nifty slide in Friday morning trade; IT earnings see mixed response
Domestic equities started on a negative note on Friday, with benchmark Sensex tumbling 341 points…
3 mins read
Sensex, Nifty50 flat in morning trade: Energy, pharma stocks top gainers
India’s benchmark indices Sensex and Nifty50 are likely to open in the red on Wednesday amid negati…
4 mins read
Sensex, Nifty50 edge lower in morning trade as energy and FMCG stocks drag
India’s benchmark indices Sensex and Nifty50 are likely to open in the green on Friday amid positiv…
4 mins read
Sensex, Nifty50 surge in morning trade led by banking and metal stocks
India’s benchmark indices Sensex and Nifty50 are likely to open in the green on Thursday amid posit…
3 mins read
SBI rallies over 6% after strong earnings with analysts pegging it to be the first to recover among public sector banks
The share price of India’s largest public-sector lender, the State Bank of India (SBI), is up by ov…
1 min read
India's largest bank reports a sharp fall in bad loans — enough for the street to ignore the 7% fall in profit
Total income (standalone) also fell marginally to Rs 75,980.65 crore during Q3FY21, as against …
PTI
4 mins read
Sensex, Nifty50 edge lower in morning trade amidst a decline in IT, FMCG stocks
India’s equity markets are likely to open on a tepid note on Wednesday amid mixed cues in global ma…
3 mins read
Yes Bank stock slips 5% as high provisions drag down its Q4 net profit
Shares of private sector lender Yes Bank slumped nearly 5% on Monday. The bank reported a huge 45…
3 mins read
Loan growth showing signs of reversal from cyclical highs, but asset quality to remain healthy
Loan growth in the Indian banking sector is starting to show signs of reversal from cyclical highs …
2 mins read
SBI received restructuring requests for over ₹6,000 crore in October — expects that to more than double over the next three months
India’s largest lender is the first to reveal its restructuring numbers. At the end of October, it …
4 mins read
Indian banks’ decade-best metrics and subdued valuations make them a compelling buy: Bernstein
Indian banks just reported a stellar December quarter driven by healthy growth in margins, loans an…
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 Card doubles its profit as its customers increase spends by 80% – but FY23 off to a slow start
SBI Card, the second largest credit card issuer in India, reported a 106% year-on-year increase in …
2 mins read
Opposition leaders hold protest in Parliament premises on Adani issue
Trinamool Congress members skipped the meeting of opposition leaders but joined the protests by opp…
PTI
3 mins read
Sensex, Nifty50 likely to open lower amid mixed global cues: SBI, ITC, Vodafone Idea among stocks in focus
Earlier on Friday, both the benchmark indices closed in the green led by financial services and …
3 mins read
SBI piles on profit and provision with cash from selling stake in insurance business— bad loans drop
India’s largest lender, the State Bank of India (SBI) continues to soar through the green with a 81…