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4 mins read

Time to buy banks? Morgan Stanley says yes as banks are entering 2nd leg of earnings upgrades

The theory of a post-Covid capex boom is gaining favour with analysts and financial institutions. T…

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2 mins read

ICICI Bank's gross bad loans drop to the lowest in 5 years

ICICI Bank’s profits are up and bad loans shrunk significantly by the end of June 2020. The b…

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2 mins read

How to avail three-month moratorium for ICICI Bank EMI and credit cards

If you have a term loan such as a personal loan, car loan, two-wheeler loan or if you have avail…

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4 mins read

Bank stocks gain as Supreme Court defers verdict on loan moratorium case to October 5

At the time it gave the government another two weeks to file a detailed affidavit after Solicito…

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3 mins read

Lakshmi Vilas Bank under moratorium— RBI caps maximum deposit or withdrawal at ₹25,000

The Centre issued the moratorium notification under Section 45 (2) of the Banking Regulation Act…

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Relief rally in bank stocks continues as Supreme Court defers loan moratorium hearing to October 13

Bank stocks continue to rally after the Supreme Court gave the Central Government, the Reserve Bank…

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5 mins read

ICICI Bank's share price is expected to surge as much as 34% in the coming year — despite having more loans under moratorium than other lenders

India’s financial sector may look shrouded in gloom-and-doom, but India’s second-largest private le…

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Yes Bank is damaged beyond repair, says Nomura while RBI tells depositors to keep calm

The private bank on the brink of collapse has been saved by the government, and the regulator Reser…

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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…

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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…

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3 mins read

HDFC Bank likely to remain ahead of peers in second quarter — all eyes on loan restructuring, moratorium, and asset quality

HDFC Bank’s second-quarter results won’t be immune to the issues of the moratorium, restructuring o…

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2 mins read

ICICI Bank's share price jumps over 2% after it set floor price for QIP at ₹351.36 per share

Most of the big banks in India are looking to raise capital as they shore up their balance sheets a…

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4 mins read

Just like SBI, ICICI Bank has created a cash cushion in case bad loans rise

ICICI Bank has been busy raising capital in the month of June and this will not only help boost its…

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3 mins read

The fall in ICICI Bank shares reflects the market’s dislike of banking stocks this week

ICICI Bank’s share price fell by over 4% in early morning trade on Monday. This comes after the ban…

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Kotak Mahindra Bank saw rise in loans under moratorium but it isn't the worst hit

Kotak Mahindra Bank’s profit dipped by over 8% this quarter as compared to last year and its asset …

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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-…

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3 mins read

ICICI Bank’s earnings on May 9 will reveal the level of economic damage caused by COVID-19 at the level of small borrowers

ICICI Bank is one of top ten stocks to buy, according to Maquarie, which set a target price of ₹…

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2 mins read

ICICI Bank’s profits jump by 26% in Q4 as NPA's decline, but the full extent of bad loans will only reflect in the coming months

ICICI Bank’s fourth-quarter core operating profits are in the green at ₹1,221.36 crore, a jump of 2…

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Yes Bank fears more deposits may disappear when COVID-19 moratorium ends and people start repaying loans

Yes Bank posted a net loss of ₹3668.33 lakh in its fourth-quarter earnings amounting to a total los…