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Two Trades for Today: A leading small finance bank and a mid-cap capital goods stock, both for a gain of about 6%Our technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical cal...
RBI holds repo rate at 5.25%, raises FY27 growth forecast, cuts inflation outlookThe RBI kept the repo rate unchanged at 5.25% for the fourth straight policy review, retained its neutral stance, raised its FY27 growth fo...
No decision yet on merchant discount rate on UPI dealsCentral bank governor Sanjay Malhotra stated it is premature to discuss UPI transaction charges. Discussions are ongoing regarding the paym...
New framework to standardise interest rate rules on the anvil, says RBIThe Reserve Bank of India plans to standardize interest rate rules for all regulated entities. This new principle-based framework aims to i...
RBI proposes new rules to standardise how lenders set interest ratesIn a significant move, the Reserve Bank of India plans to establish uniform interest rate guidelines for all regulated entities. This initi...
Essar Energy Transition secures $400 million financing from European, UK banksEssar Energy Transition secured $400 million in financing from European and UK banks. This funding will strengthen its balance sheet and su...
ICICI Bank, Bajaj Finance among Axis Securities’ top 8 largecap stock picks for AugustBenchmark indices witnessed broad-based gains, with leadership gradually shifting back towards largecap stocks. Here are the top eight larg...
7% savings account interest rate: This bank hikes rates across balances; new rates applicable from August 1, 2026Savings account interest rate: Unity Small Finance Bank has recently announced a new interest rate of 7% on savings accounts, with even hig...
GetVantage secures Rs 63 cr in Series A1 round to scale Capital Gateway for MSMEsThe fresh injection is expected to unlock hundreds of crores in operational debt capital from GetVantage’s financial institution partners.
Reliance Industries, ICICI Bank among 11 stocks with over 3% FY27 earnings upgrades. Own any?Nifty companies have reported stronger-than-expected first quarter earnings results. Profits for index constituents have risen eleven perce...
FIIs build a new Banking XI without the usual heavyweights. Will the big banks return?Foreign investors reduced stakes in large banks during the June quarter. They simultaneously increased holdings in several mid-sized and sm...
SBI, HSBC and ICICI lead India's overseas deposit drive, data showsHSBC, SBI and ICICI Bank emerged as the top beneficiaries of the RBI’s dollar deposit scheme for NRIs, raising $6.14 billion, $4.12 billion...
Equitas to take cautious steps towards universal bank licenseEquitas Small Finance Bank is eligible for voluntary transition into a universal lender. The bank is cautious about applying after peers fa...
Shivalik Small Finance Bank completes merger with ManiBhavnam Home FinanceShivalik Small Finance Bank completed its acquisition of ManiBhavnam Home Finance India Pvt last week. This strategic merger cost the bank ...
FD rate up to 8.3% for senior citizens investing for three years; Know list of banksSelect banks offer senior citizens fixed deposit interest rates up to 8.3 percent. Jana Small Finance Bank provides this highest rate for a...
Loan growth remains strong, shows latest RBI sectoral dataBanking credit to industries showed robust growth, increasing 19.2 percent year on year. Personal loan growth also remained strong, rising ...
Small, medium banks offer higher rates to attract NRI depositsSmall and mid-sized Indian banks are ramping up FCNR(B) deposit rates to attract non-resident Indians after interest rate deregulation, off...