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3 mins read

FDIs may shift to US under Trump 2.0 but it is unlikely to severely impact FDIs inflow to India, says SBI Report

It added that if similar policies are reintroduced in Trump 2.0 also, it could create challenges fo…

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2 mins read

Amid Global uncertainties stock market will appreciate companies with good fundamentals: SBI report

Amid the heightened volatility in the Indian stock markets, a report by SBI funds highlighted that …

ANI   


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4 mins read

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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5 mins read

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…

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Markets open higher on strong corporate earnings despite weak global cues

Benchmark indices open higher, following strong second quarter company results, despite weak cues f…

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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…

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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…

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2 mins read

Effect of cyclicals: Q3 corporate earnings driven by autos & financials

Corporate India’s earnings report card for the December quarter corporate earnings a few surprises …

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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…

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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   


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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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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 …

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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…

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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…

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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 …

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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 …

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8 mins read

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…

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5 mins read

Banks, autos steal limelight in Q1 profit growth, while commodity driven firms remain under pressure

More than half of the companies that have announced their earnings so far have either met or exceed…

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4 mins read

Just like SBI, ICICI Bank has created a cash cushion in case bad loans rise

ICICI Bank has been busy raising capital in the month of June and this will not only help boost its…

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4 mins read

TCS announces ₹16,000 crore buyback — strong show in Q2 with 7% rise in profit, margins near two-year high

Tata Consultancy Services (TCS) has delivered on all parameters. It put up a strong show in the sec…