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2 mins read

External borrowings to meet capital needs putting pressure on bank's net interest margins, says a report by SBI Securities

The banks in the country are facing challenges due to a slowdown in deposit growth, according to a …

ANI   


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2 mins read

Indians credit card spending increases 19% YoY to Rs 1.7 trillion in July 2024

According to a report released by SBI Securities, the total expenditure by credit card users across…

ANI   


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2 mins read

SBI able to support loan growth, lower deposit growth not a challenge: Khara

Some experts have been opining that this is due to flow of savings into higher yielding capit…

PTI   


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3 mins read

Maldives President Muizzu met with PM Modi in Delhi today. Here’s how it went!

New initiatives like RuPay card payments and a currency swap agreement have been introduced, with b…

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1 min read

Ventive Hospitality files papers with Sebi to raise Rs 2,000-cr via IPO

Also, the company may consider a pre-IPO placement aggregating up to Rs 400 crore. If such plac…

PTI   


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2 mins read

Indian stocks extend gains, marginally up at Wednesday opening bell

Indian stock indices extended their gains from the previous to marginally rise at the opening bell …

ANI   


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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 …

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2 mins read

Stock market opening: Sensex, Nifty see muted start, Asian Paints, Grasim take lead

Grasim Paints, JSW Steel, Cipla gained over 1% each, while Asian Paints and Tata Motors gained lead…

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2 mins read

Stock market today: Sensex, Nifty inch up marginally, NTPC and Power Grid take early lead

NTPC and Power Grid Corporation of India inched by 2% each during early trade today. Asian Paints, …

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2 mins read

Stock market closing: Nifty, Sensex close the day in red, Axis bank stock dips by 5%

Out of the 2,765 stocks traded during the day, 1,369 saw advances, while 1,318 declined, and anothe…

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3 mins read

FPI's holdings are up by ₹16,990 crore since the inclusion of govt bonds in JP Morgan Index

The Foreign Portfolio Investors (FPIs) are responding positively on inclusion of Indian government …

ANI   


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3 mins read

Stock market closing: Auto, IT, Media sectors close in red, Asian Paints, SBI Life amongst top gainers

Asian Paints (up by 3.29%), SBI Life (up by 2.18%), Divis Labs (up by 1.91%), Britannia (up by 1.57…

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2 mins read

Job vacancies for junior associate roles at India’s largest bank: All you need to know

India’s largest bank, State Bank of India is offering over 8,000 jobs at junior levels and has invi…

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1 min read

RK Swamy's ₹423-crore IPO to open on March 4, price band fixed at ₹270-288/sh

Integrated marketing services firm RK Swamy Ltd on Wednesday fixed a price band of Rs 270-288 per s…

PTI   


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3 mins read

Weak debut: Jana Small Finance Bank lists at 4% discount to IPO price

​​Jana Small Finance Bank listed with muted gains on Wednesday morning on Dalal Street. The stock l…

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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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3 mins read

Sensex scales 76,000 peak, Nifty hits new high before closing lower; IndusInd, L&T, SBI biggest gainers

Sensex scaled the 76,000 level for the first time while Nifty hit a new lifetime peak before closin…

PTI   


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2 mins read

Mobikwik replans market debut with plans of raising ₹700 crore

Fintech One Mobikwik Systems has filed a Draft Red Herring Prospectus (DRHP) with SEBI to raise ₹70…

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3 mins read

Bank earnings could see a further ramp up in Q3, say analysts

Indian banks are seeing a boost in their earnings in the December quarter as loans are being repric…

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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…