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Ujjivan Small Finance Bank utilises entire fund of Rs 746 cr raised via IPO

New Delhi, Feb 4 () Ujjivan Small Finance Bank (USFB) on Tuesday said it has used the entire Rs 746…

PTI   


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The former boss of India's largest bank joins a soon-to-be small finance bank — here's why

The three-year-old startup plans to expand itself into a small finance bank, catering to the nee…

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3 mins read

SBFC Finance IPO to open on Aug 3 - Price band at ₹54-57; check out details

SBFC Finance’s ₹1,025 crore initial public offer (IPO) is all set to open on August 3 and close on …

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Ujjivan Small Finance Bank IPO garners strong investor demand; issue subscribed over 165 times

New Delhi, Dec 4 () Ujjivan Small Finance Bank's initial public offering attracted heavy investor d…

PTI   


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FPI stake: Coforge, IDFC First Bank and Patanjali Foods see highest increase in Sept quarter

Coforge, IDFC First Bank and Patanjali Foods saw the highest increase in stake by FPIs in the Septe…

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3 mins read

Correction in mid and small cap stocks not yet complete, says Kotak Institutional Equities

​​​The recent correction in stock prices may not be the end of the downward trend for mid and small…

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Consumer loan growth and market volatility drive Bank of America shares higher after 1st-quarter earnings beat estimates

"Ongoing organic growth combined with good expense management drove operating leverage for the thir…

Matthew Fox   


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36 mins read

These 44 pitch decks helped fintechs disrupting trading, investing, and banking raise millions in funding

Looking for examples of real fintech pitch decks? Check out pitch decks that Qolo, Lance, and other…

Shannen Balogh,Anita Ramaswam…   


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The Fed's Main Street Lending Program is now open and encouraging banks to start making loans

Lenders can find registration documents on the program site and "are encouraged to begin making Mai…

Carmen Reinicke   


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10 mins read

Mutual funds raise bets on mid & small-cap stocks amid volatile markets

Interest in mid and small caps has been growing in the last three quarters – while smallcap fund…

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3 mins read

Banking groups argue that overdraft fee crackdown could cause greater financial hardship

US trade groups led by the American Bankers Association asked the Consumer Financial Protection Bur…

Shelagh Dolan   


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4 mins read

Who's going to work on all these AI projects at the big banks?

There's lots of talk about how AI will impact big banks, but finance firms still haven't figured ou…

Dan DeFrancesco   


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EXCLUSIVE: Muthoot Finance says this year's growth is likely to exceed guidance

In fact, business is going so well that Muthoot Finance could be on track to beat its projected …

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2 mins read

WALL STREET WIPEOUT: Thousands of jobs cut on brutal day for finance

It's a dark Wednesday on Wall Street, as Goldman Sachs cuts thousands of jobs and BlackRock cuts hu…

Matt Turner,Sindhu Sundar,Reb…   


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3 mins read

Fusion Micro Finance lists at a 2% discount amid volatile market conditions

Fusion Micro Finance’s stock listed at ₹360.5 – that’s ₹7.5 lower than its allotment price of ₹368 …

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4 mins read

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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4 mins read

Banks earn billions of dollars charging overdrafts fees, and the burden falls on those least able to afford it

Most banking fees fall to those who have the least ability to pay them, and it represents a signifi…

Carter Johnson,Shannen Balogh   


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5 mins read

Five Star Business Finance lists at 5% discount in line with grey market expectations

Shares of NBFC Five Star Business Finance listed at ₹449.95 on Monday, as against the issue price o…

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2 mins read

The Fed expands its $600 billion lending program for struggling businesses but leaves start date unannounced

The Fed expanded eligibility to businesses with 15,000 employees or $5 billion in revenue, up from …

Ben Winck   


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Top stocks to watch — HDFC, HUL, Britannia, ACC, MRPL, ONGC, Coal India, and others

Amidst mixed cues from the global markets, the Indian equities are likely to open lower on Tuesday.…