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4 mins read

Here's why India's biggest banking stocks went nuts today — and what they missed

In a splash of good news for the banking sector, Finance Minister Nirmala Sitharaman announced the …

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2 mins read

India's contribution to world's marketcap is at historic low, says Motilal Oswal

Currently, it is at 2.2 per cent below its historic average of 2.5 per cent. The 'Bull & …

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3 mins read

IndusInd Bank surges over 4% after RBI committee proposes to increase the cap on promoter stake in private sector banks

IndusInd Bank’s shares are up over 4% after the Reserve Bank of India’s (RBI) Internal Working Grou…

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3 mins read

Kotak Mahindra Bank, Bandhan Bank and IndusInd Bank share prices soar with refinancing pulling them out of the red

Kotak Mahindra Bank continues to be the top gainer on the stock market followed by Bandhan Bank,…

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1 min read

RBL Bank raises Rs 2,025 cr through QIP

New Delhi, Dec 6 () RBL Bank on Friday said it has raised Rs 2,025.27 crore from institutional inve…

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Indian lenders like SBI, Axis Bank and others need $20 billion⁠ in capital— most of it will go into filling up NPA holes

Unwilling to take risks and facing rating downgrades, India’s banks, including the biggest State Ba…

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2 mins read

RBL Bank net profit declines 54 pc to Rs 114 cr in March quarter

The board of directors at its meeting on March 17 approved an interim dividend of Rs 1.50 per shar…

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3 mins read

Markets reward PSBs, push up their market caps

Looking at the table in the article one can see that the benchmark indices saw a small decline i…

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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…

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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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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 …

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3 mins read

Maruti Suzuki will gain the most from economic recovery and also regain lost market share, say brokerages

The strong economic recovery anticipated this year has brought some good news for automobile compan…

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5 mins read

Tamilnad Mercantile Bank’s ₹832 crore IPO to open today

The private sector bank will raise ₹832 crore through a fresh issue of 1.58 crore shares. The le…

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1 min read

Yes Bank shares nosedive 25 pc; other banks plunge too

The entire banking pack also came crashing in opening trade, with RBL Bank trading 15 per cent low…

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HDFC Bank shares jump over 10 pc; other banks too rally

"Indian equities are significantly up today, following positive cues from global markets, consecuti…

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90% of ITC's power needs in Tamil Nadu will be met through solar energy

ITC plans to meet 100 per cent of the entire grid electricity requirements from renewable sour…

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2 mins read

Ajanta Pharma surges as much as 7% after the drug maker says it will buy back shares at 17% premium

Shares of Ajanta Pharma surged 7% today after the company announced a share buy back of 11.20 lakh …

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4 mins read

HDFC, Bandhan, AU Small Finance and other bank stocks surge as more people rushed to borrow money

Banking stocks were at top of their game today, December 5, leading the market sentiment. Several b…

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1 min read

Bank shares taking a beating in mkt rout; Axis Bank tumbles 28 pc

"The benchmarks recorded the worst single-day fall. Investors continued to worry over the impact o…

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Rakesh Jhunjhunwala-backed Star Health lists at a discount of nearly 6%

Ace investor Rakesh Jhunjhunwala-backed Star Health and Allied Insurance listed on the stock exchan…