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2 mins read
Axis Bank is back in the black as fee collections ramp up and ₹10,000 crore in fund raising cushions the balance sheet
Axis Bank’s profit is in the green again after reporting a dip of 19% last quarter. Between July an…
4 mins read
Analysts expect no surprises from Axis Bank in the second quarter — loan growth and collections to be slow
Axis Bank, India’s third-largest private sector lender after HDFC Bank and Kotak Mahindra, isn’t ex…
3 mins read
Banks to reap rewards of interest rate hikes in Q2 earnings
The Indian banking sector is expected to report strong growth in net interest income, margins and l…
4 mins read
Banking jobs: HDFC Bank, Axis Bank, ICICI Bank and more are hiring across the country for various roles
The banking, financial services and investment (BFSI) sector is one of the most crucial sectors, as…
6 mins read
Srei Group may leave a $4 billion hole in some of India’s biggest lenders
Some of the biggest lenders to the group that is known for funding infrastructure projects inclu…
1 min read
Moody's sees better than expected recovery of asset quality in India's leading private banks
"Ample domestic liquidity, loose monetary policy, moratoriums on loan repayments and government-…
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
5 mins read
SBI, ICICI Bank, Axis, Kotak and others have plans to raise $14 billion — but if things go haywire, they could need three times more
Banks in India have raised around ₹52 crore ($7 billion) in funds so far and have plans to raise …
5 mins read
Go First Impact: Market capitalisation of 3 PSU Banks down by ₹7,500 crore as investors fret over their exposure to ailing airline
Low-cost airline Go First’s insolvency proceedings have plunged shares of Central Bank of India, Ba…
4 mins read
India's banking stocks are down 7% this week despite a rate cut by RBI and a pause on new bad loans and bankruptcies
The stocks look cheap as the Bank Nifty has already lost over 46% this year so far, but …
3 mins read
Top stock movers — Future Enterprises, Future Retail, Sun Pharma, L&T, HAL, Axis Bank, GMR Infra, Bharat Forge, RIL, NMDC and more
Indian benchmark stock index, Sensex advanced over 175 points in early trade on Friday, led by gain…
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
Three things the RBI will have to mull over as it gets ready to announce its monetary policy decision
The Reserve Bank of India (RBI) is set to announce its policy rate decision tomorrow, and this time…
3 mins read
ICICI Bank becomes the sixth valuable firm in India with over ₹5 trillion mcap after RIL, TCS, HDFC Bank, Infosys, and HUL
ICICI Bank, one of the leading lenders in the country, has become more valued than ever before as i…
1 min read
Zero-cost EMIs are back this festive season! Here are the details
Yes, after three years, the banks, offline and online marketplaces have brought back the zero EMI o…
2 mins read
Axis and ICICI are finally doing what Raghuram Rajan wanted them to do about their NPAs
"By making greater disclosures, banks are hoping that investors and analysts can ascertain the size…
4 mins read
Banks respond positively to Indian central bank’s COVID stimulus package – check out the list of top gainers
India’s largest public and private sector banks have responded positively to the Reserve Bank of In…
2 mins read
Indian investors are cozying up to Axis bank. Know why
The stock performance of the two banks clearly point out the divide as the latest quarter financial…
4 mins read
From IndusInd to ICICI Bank to SBI — banks were among the worst-hit despite the government pause on new bad loans
IndusInd Bank, ICICI bank, HDFC bank and SBI were most the top 10 losers on Nifty Bank. Not a singl…
2 mins read
HDFC Bank's Aditya Puri believes Sashidhar Jagdishan is the 'worthiest person' to succeed him
“I wouldn’t go into the qualities he possesses because most of us would know that. Suffice to sa…