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SBI’s core business stays strong despite one-time hit on account of higher wage costs in Q3
India’s largest bank SBI saw its third quarter profits slip by 35.5% as it took a ₹7,100 exceptiona…
Mobikwik replans market debut with plans of raising ₹700 crore
Fintech One Mobikwik Systems has filed a Draft Red Herring Prospectus (DRHP) with SEBI to raise ₹70…
India’s biggest lender appoints Alok Kumar Choudhary as new MD soon after top brass rejig
Seasoned banker Alok Kumar Choudhary was appointed as the managing director of India’s largest publ…
RBI crackdown on personal loans – Bajaj Finance, IIFL, Aditya Birla and SBI Cards to take a bigger hit, say analysts
Reserve Bank of India’s crackdown on personal loan disbursals by banks and non-banking finance comp…
IRM Energy IPO subscribed 75% on day 1 with good retail interest
The initial public offer (IPO) of city gas distribution company IRM Energy was subscribed 75% by th…
Consumers in retail verticals may front load their purchases in niche areas due to rate hikes: SBI Research
Personal loans segment continued to perform well, registering an acceleration in growth to 14.7 per…
India Shelter Finance IPO subscribed 1.48x times on day 1 Q
Affordable housing company India Shelter Finance Corporation’s IPO was subscribed to 1.48 times the…
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 …
Applying for an IPO? Here is how you can increase your allotment chances
It is the season of initial public offerings or IPOs. The allocation of shares in an Initial Publ…
Stock picks for 2023: L&T, SBI, Axis Bank among top brokerage picks for the new year
The year 2022 has been an eventful one, with multiple headwinds in the form of rising geopolitical …
India Inc.’s rockstars of Q2 and things that investors should look out for, according to analysts
Banking, financial services and insurance (BFSI), automakers, chemicals, aviation, retailing and ch…
SBI waives processing fee for car, gold and personal loans availed using YONO
To enlarge retail loans and online business, lendin g major SBI on Monday announced a 100 per cent …
Utkarsh Small Finance Bank IPO subscribed 101x as QIBs make a beeline for it
Utkarsh Small Finance Bank’s ₹500 crore IPO was subscribed 4.7 times over on the first day of the i…
Banks to reap rewards of interest rate hikes in Q2 earnings
The Indian banking sector is expected to report strong growth in net interest income, margins and l…
Rally in banking stocks continues as credit growth picks up & margins get a boost
$AXISBANK.NSE When the whole banking sector is in momentum one of the leading bank stock is near …
Diwali week cash circulation declines for the first time in 20 years: SBI Ecowrap
For the first time since 2002 – that’s 20 years – currency in circulation has declined during…
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…
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…
Top stock movers — Wipro, Future Retail, SBI Cards, NTPC, Adani Green and others
Indian stock market indices Sensex and Nifty opened on a tepid note on Wednesday, tracking losses i…
Axis Bank scoops up Citi India’s retail assets, including the lucrative credit card business, for $1.6 billion
Axis Bank has acquired Citi India’s retail assets, including the company’s lucrative credit card bu…