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2 mins read
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…
2 mins read
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 …
1 min read
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
4 mins read
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…
6 mins read
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…
4 mins read
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.…
6 mins read
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 …
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
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…
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…
2 mins read
India's largest bank stock sees the sharpest fall in over 7 years — investors want to say 'no' to Yes Bank
The shares of India’s largest bank State Bank of India (SBI) are down by 7% in early trade as marke…
3 mins read
Yes Bank share price nose dives 72% after RBI limits withdrawals
Currently, Yes Bank is trading at ₹15.40 — having lost over half its value since yesterday. T…
1 min read
Yes Bank shares shoot up by 30% after SBI decides to buy stake
Shares of Yes Bank on Monday zoomed over 30 per cent after State Bank of India (SBI) said it will p…
PTI
2 mins read
RBI has a new 'scheme' to rescue Yes Bank — will be released shortly, says Shaktikanta Das
After issuing a one-month moratorium last night which limits withdrawals from Yes Bank to ₹50,00…
2 mins read
SBI statement on proposed Yes Bank bailout is far from reassuring
Before the Reserve Bank of India put in a limit of ₹50,o00 on withdrawals by depositors in Yes Ban…
2 mins read
SC extends stay on order quashing write-off of Yes Bank's AT1 bonds
The Supreme Court on Friday issued notice to Axis Trustee Services Ltd on a clutch of appeals filed…
4 mins read
Rally in banking stocks continues as credit growth picks up & margins get a boost
Indian banking stocks have been rallying since the last couple of weeks on the back of an uptick in…
2 mins read
RBI may have to bail out Yes Bank if it fails to raise $2 billion by March 14
Sources, on the condition of anonymity, told Business Insider that the bank cannot currently com…
1 min read
Yes Bank gets Rs 250 crore from IDFC First Bank
Earlier on Saturday, Federal Bank had committed to investing Rs 300 crore in Yes Bank for subsc…
PTI
4 mins read
Yes Bank, SBI and others want Vodafone Idea to be saved, here’s why
The share price of Vodafone Idea spiked by over 10% on Tuesday after reports suggested that banks h…