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FII stake in Indian equities dips to a 12-year low

Foreign institutional investors (FIIs) continued pulling out of Indian markets in November, driven …

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Congress criticises SBI's decision to convert SIIL debt into equity, urges RBI intervention

The State Bank of India (SBI), being SIIL’s largest lender, found itself at the centre of this fina…

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RBI unlikely to cut interest rate in 2024: SBI chief Setty

"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…

PTI   


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Time to push divestment of state-owned banks, says SBI report

With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…

PTI   


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What has changed for your credit cards, starting today?

Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…

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Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions

Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …

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Paytm shares jump 6.50 pc on getting NPCI nod to onboard new UPI users

Shares of One97 Communications rose over 6% after NPCI approved Paytm to onboard new UPI users, adh…

PTI   


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Qatar Investment Authority unit, SBI funds, Citigroup biggest buyers in Adani Energy's USD 1 billion QIP

The Rs 8,373.10 crore (USD 1 billion) qualified institutional placement (QIP) of Adani Energy Solut…

PTI   


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SBI net profit declines 35% to Rs 9,164 crore in Q3

India's largest lender State Bank of India on Saturday reported a 35% fall in standalone net profit…

PTI   


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Indian bank stocks drag Nifty, Sensex for the second straight day after RBI policy

While the Reserve Bank of India’s (RBI) monetary policy committee (MPC) kept base rates unchanged t…

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Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…

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You can get the iPhone 16 in under 10 minutes while sitting at home, here is how

Apple's iPhone 16 series has launched in India, drawing large crowds to stores in Mumbai and Delhi.…

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A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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Private sector banking ripe for consolidation: Yes Bank ready for inorganic growth but not merger, says CEO Prashant Kumar

Yes Bank may consider acquiring a microfinance institution after completing its turnaround. The CEO…

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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…

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Yes Bank shares tank over 12% as 3-year shareholder lock-in period ends

Shares of private sector lender Yes Bank tanked more than 12% in early trade on Monday as a Reserve…

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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…

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Yes Bank shares tumble after rallying 26% in the last five days – analysts recommend caution

Global brokerage firm Morgan Stanley initiated coverage of Yes Bank, giving it an ‘underweight’ rat…

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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…

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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…