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3 mins read
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
3 mins read
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
2 mins read
Credit growth in banks continues to exceed deposits, says new SBI report
The State Bank of India reported that credit growth in Indian banks has been consistently outpacing…
ANI
1 min read
SBI raises lending rates by 5 to 10 basis points; New loans to cost more
The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based L…
ANI
4 mins read
Best credit cards for online shopping this festive season
The festive season is here and with it, you are likely to make several purchases from e-commerce pl…
3 mins read
Putin's expanded BRICS summit proves he has friends — but risks buckling under its own contradictions
Russia is hosting a BRICS summit for the first time, with 4 new members. But efforts to rival the W…
Thibault Spirlet,Huileng Tan
3 mins read
Bank of America's clients are selling stocks 80% more than normal to use this strategy that allows you to avoid capital gains taxes on big returns
Use this strategy to reduce your tax bill.
Christine Ji
2 mins read
SBI aims to become first financial firm to cross milestone of Rs 1 lakh crore profit: Chairman
SBI recorded a standalone net profit of Rs 61,077 crore in FY24, registering a growth of 21.59%.
PTI
1 min read
Chinese state-owned banks are propping up the yuan while the central bank signals currency weakness
Chinese banks have frequently sold dollars in the currency market this year to stem the yuan's decl…
Aruni Soni
11 mins read
Big banks promised to protect the planet. Now they're doing an about-face.
Big banks and asset managers are a powerful force in fighting the climate crisis, but many of them …
Catherine Boudreau
2 mins read
RBI penalizes five banks, including PNB, for regulatory non-compliance in first week of July
The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in …
ANI
4 mins read
Over-reliance on coaches can stop players from finding own solutions: Ashwin
"A lot of players are heavily dependent on coaches or mentors, or one person which I think is a…
PTI
1 min read
Russian banks say they're run out of yuan as Chinese firms pull away from the nation
Payment scuffles between Russian companies and Chinese banks have escalated in recent weeks, with C…
Jennifer Sor
2 mins read
Household savings are choosing mutual funds over banks to invest savings: RBI Governor
The households are choosing the capital markets over the banks to park or invest their savings, hig…
ANI
8 mins read
Why Gen Zers aren't leaving the nest
Young people are living at home and relying on their parents for money well into their 20s. Their p…
Eve Upton-Clark
2 mins read
Bank of Maharashtra top among PSU lenders in loan, deposit growth in Q2
State-owned Bank of Maharashtra (BoM) retained the top spot among public sector lenders in loan and…
PTI
4 mins read
Hindenburg shared the Adani report with its client Mark Kingdon two months before publishing it: Sebi
Hindenburg Research shared Adani report with Mark Kingdon two months earlier, according to the SEBI…
PTI
1 min read
Indian Overseas Bank's marketcap nearly doubled in September quarter
Indian Overseas Bank saw its market capitalization nearly double during the July-to-September quart…
4 mins read
2 trades to make now amid 6 economic pitfalls ahead, according to a Bank of America chief strategist
Higher unemployment, the yen carry trade, the unwinding of AI trade are a few of the biggest concer…
Laila Maidan
3 mins read
Canara Bank Q4 profit rises 18% to ₹3,757 crore
During the quarter, the bank's total income increased to Rs 34,025 crore as against Rs 28,685 c…