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1 min read
HDFC Bank records 15.8% loan growth, 20% rise in advances in Q1 FY24
Private sector lender HDFC Bank said loans grew 15.8% to ₹ 16,15,500 crore in the first quarter of …
PTI
2 mins read
Sensex, Nifty snap 3-day winning run on selling in IT, banking shares
The broader Nifty of NSE declined 92.05 points or 0.42 per cent to 22,004.70 as 30 of its consti…
PTI
4 mins read
Stock markets in free-fall: Sensex tanks 1,628 pts on sharp losses in banking, oil shares
Key stock indices suffered their worst single-day losses in percentage terms since June 13, 2…
3 mins read
Indian stocks accumulated stellar returns this week; Sensex jumped 1,600 points
Indian stock indices closed Friday's trade on a steady note and closed this week on a flyer, defyin…
ANI
2 mins read
The boss of Russia's biggest bank said the country's economy is 'definitely and strongly overheated'
Russia's economy is driven by wartime activities, government subsidies that steady the economy, and…
Huileng Tan
2 mins read
5 reasons the stock market is headed for a 4% gain in June, according to Fundstrat
"We see positive supports for stocks in June, hence, buy the dip (if it comes)," Fundstrat's Tom Le…
Matthew Fox
1 min read
New beginnings: HDFC Bank’s net profit post-merger stands at ₹16,811 crore
In its maiden earnings report since its merger with HDFC, HDFC Bank reported consolidated net reven…
2 mins read
Stock market today: Stocks trade mixed to kick off June after weak manufacturing data
A nine basis point decline in the 10-year Treasury yield was not enough to boost all three major st…
Matthew Fox
2 mins read
Sensex, Nifty hit all-time peaks after RBI's highest-ever dividend announcement
Benchmark stock indices Sensex and Nifty rallied more than 1.6 per cent to close at lifetime high l…
PTI
1 min read
Merger of HDFC with HDFC Bank effective from July 1: Deepak Parekh
The merger of housing finance major HDFC with the country's largest private lender HDFC Bank will b…
PTI
1 min read
HDFC AMC Q1 profit after tax jumps 52% to ₹477 cr
HDFC Asset Management Company (AMC) on Monday reported a 52% jump in profit after tax (PAT) at ₹477…
PTI
2 mins read
HDFC Bank closed Q1 with ₹11,951 crore net profit
Private sector HDFC Bank Ltd on Monday said it closed the first quarter of FY24 with a net profit o…
9 mins read
Interest rates on deposits need to go up, say experts, as share of FDs in household financial assets drops
Banks will have to increase interest rates on deposits faster, say experts, as investors turn to ot…
5 mins read
A tale of three banks: The outperformer, the attractive and the high-valued
India’s private sector banks have been having a dream run at the stock markets thanks to lowering d…
2 mins read
Up, up & away: Sensex scales 65,000 mark for the first time, Nifty hovers around 19,300
The BSE Sensex breached the 65,000 mark for the first time, driven by positive global market trends…
1 min read
Reliance Industries shares jump nearly 4%; mcap again reaches ₹20 lakh crore mark
On the NSE, it climbed 3.48 per cent to Rs 2,983.75 per share. The company's market capita…
PTI
1 min read
Private lenders led by HDFC Bank occupy lion’s share of TV news space
Mumbai (Maharashtra) [India], Indian private sector lenders have been more vocal in their comments …
ANI
2 mins read
RBI refuses exceptions on CRR, SLR; gives some leeway on PSL, investments for merger: HDFC Bank
The Reserve Bank of India (RBI) has refused to grant any exceptions on cash reserve ratio (CRR) and…
PTI
2 mins read
Indian banks expected to maintain profitability amid margin pressure: Fitch Ratings
According to Fitch, while net interest margins (NIMs) are anticipated to narrow by 10 to 20 basis p…
ANI
1 min read
UCO Bank Q1 2023-24 net profit jumps 80% to Rs 223 crore
The total income in the first quarter of the current fiscal rose to Rs 5,857 crore against Rs 3,…