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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 …
1 min read
Central Bank of India logs Rs.717 crore net profit for Q3
Public sector mortgage lender, Central Bank of India closed the third quarter of FY24 with higher n…
2 mins read
Markets take a breather after record rally; settle marginally lower in volatile trade
The NSE Nifty dropped 32.40 points or 0.13 per cent to 25,356.50. Adani Ports was the bigges…
PTI
3 mins read
Muhurat trading 2024: 5 stock picks you can consider this time around
Kotak Securities further notes that FY25 will likely see more broad-based growth across sectors. Ho…
1 min read
Russian banks made a record $36.8 billion in profit last year, and even the central bank is surprised by it
The banks' upbeat performance came as "somewhat of a surprise," said a senior Russian central bank …
Huileng Tan
2 mins read
Indian stock markets open flat amid the anticipations of profit booking
The Indian stock markets opened flat on Tuesday amid the anticipations of profit-booking as the ben…
ANI
2 mins read
Sensex and Nifty closed in red, Nifty breaks 25,000 levels and closes at 24,971
The benchmark equity indices closed with a lower note on Wednesday after facing selling pressure in…
ANI
1 min read
Central Bank Q1 2023-24 profit surges 78% to Rs 418 crore
Total income during the quarter under review increased to Rs 8,184 crore from Rs 6,357 crore in FY2…
PTI
3 mins read
Sensex hits 85,000 level but closes flat as FMCG, banking shares drag
Sensex scaled the 85,000 level and Nifty breached the 26,000 mark for the first time before paring …
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
3 mins read
Bank bosses aren't worried about lower interest rates — and even see some upside
Bank executives said that lower rates appear to be boosting demand for mortgages, refinancing, and …
Theron Mohamed
6 mins read
Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…
4 mins read
Sensex @ 84k: With 1,359 pts gain, benchmark index settles above historic mark
Sensex hits a record high of 84,544.31, driven by gains in bank stocks and positive global trends, …
2 mins read
Benefiting from strong sales, gold jewellers set for 17-19% revenue growth in 2024-25: Crisil
Benefiting from strong sales, organised gold jewellery retailers are set to clock 17-19 per cent re…
ANI
3 mins read
India’s economic growth expectedly slows to 6.7% in Q1 — lowest in the last five quarters
India's GDP growth slowed to a 15-month low of 6.7% in the first quarter of FY 2024-25 due to weake…
2 mins read
Stock markets fall for 5th day; Sensex plunges 617 points
Benchmark equity indices Sensex and Nifty declined nearly 1 per cent on Thursday, continuing their …
PTI
3 mins read
RBI keeps repo rate unchanged at 6.5%: What is repo rate and how it affects you
Reserve Bank of India's Monetary Policy Committee announced maintaining the repo rate at 6.5% for t…
4 mins read
RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly
MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…
3 mins read
The ultra-rich who own $1 million gold bars probably aren't focused on profits amid soaring gold prices, experts say
The cost to store and protect physical gold can easily eat up a lot of its increase in value, but f…
Dominick Reuter
5 mins read
PSU bank stocks on a high with room to play
Indian public sector bank stocks have been rallying for the last three sessions – even as the broad…