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AU Small Finance Bank shares rally 5% as Q1 PAT jumps 37% to Rs 796 crore, NII up 32% YoYAU Small Finance Bank share price jumped 5% after it reported a 37% year-on-year rise in net profit to Rs 796 crore for the June quarter, d...
Protium in advanced talks to buy Clix Capital; Rs 1,900-2,200 crore valuation likelyProtium Finance is nearing a deal to acquire Clix Capital for approximately Rs 1,900-2,200 crore. This acquisition aims to expand Protium's...
Bain Capital in advanced talks for 25% stake in IndusInd Insurance, marking its first India insurance betBain Capital is nearing a deal to buy a significant stake in IndusInd General Insurance. This acquisition could value the insurer at over s...
Shriram Finance eyes doubling gold loan book share to 5% in three yearsShriram Finance plans to double its gold loan contribution to five percent. The company also intends to grow its MSME portfolio to twenty p...
AU Small Finance Bank Q1 Results: Net profit up 37% to Rs 796 croreAU Small Finance Bank reported a 37% net profit increase for Q1. Net interest income also saw a significant 31.8% year-on-year rise. The le...
NMC health settlement drags Bank of Baroda Q1 net profit down 72%Bank of Baroda's June-quarter profit fell 72% due to a large settlement payment. Other income also declined, impacting the bank's overall f...
More banks may join overseas bond run after ICICI Bank’s bumper dollar bond saleICICI Bank successfully raised one billion dollars through its inaugural dollar bond sale. This strong investor demand allowed the bank to ...
Office-focused REITs raise over $1 billion in April-JuneOffice-focused funds and REITs raised over one billion dollars in the second quarter. This fundraising was driven by investor appetite for ...
More banks may join overseas bond runICICI Bank's $1 billion dollar bond sale via GIFT City, which drew strong global investor demand and secured lower borrowing costs, is expe...
Canada's Enervoxa plans India rare earths project, may tie up with Vedanta, Hindalco, NALCOCanadian climate technology company Enervoxa plans to partner with Vedanta, Hindalco and NALCO to build a rare earth processing plant in In...
Global Market: ECB signals future debate on raising bank reserve requirements to reduce central bank lossesThe European Central Bank may increase minimum reserve requirements for commercial banks. This move could reduce interest payments made to ...
These large-, mid- and small-cap stocks can give more than 25% return in 1 year, according to analystsWhen will the US-Iran war end? No one can answer that with any certainty. But whenever it ends, the probability is that volatility will con...
For investors who understand that it may get worse before it gets better: 5 large-caps with upside potential of up to 31%The noise levels are currently high in the markets. And, at this point of time, it seems there is literally nothing positive about them. Fr...
Robotics startup Humanoid raises $152 million Series A round at $1.35 billion valuationHumanoid, a UK robotics firm, secured $152 million in Series A funding. This investment fuels the development of next-generation platforms ...
ICICI Bank eyes $500 million dollar bond issue via GIFT CityICICI Bank is close to raising at least $500 million through five-year dollar bonds via its GIFT City unit, leveraging the RBI’s concession...
Banks, financial institutions reported fraud of Rs 1.42 lakh crore in last 5 years: MoS FinanceBanks and financial institutions reported Rs 1.42 lakh crore in fraud over five years. Recovery of Rs 6,389 crore was made during this five...
Mumbai Port Authority to recover Rs 3,500 cr rental arrears from defaultersMumbai Port Authority plans to recover Rs 3,500 crore in lease rental arrears. Criminal proceedings will be initiated against unauthorized ...
India's EXIM Bank plans $300 million dollar bond sale under RBI hedging facilityThe state-run export finance institution will issue three-year floating-rate bonds priced at 90 basis points over the Secured Overnight F...
India's EXIM Bank plans $300 million dollar bond sale under RBI hedging facilityThe Export-Import Bank of India plans to raise $300 million through dollar bonds. This move utilizes the central bank's subsidized hedging ...
Axis Bank appoints ex-Bandhan Bank CFO Rajeev Mantri as finance chiefAxis Bank has appointed Rajeev Mantri as its new finance chief. Mantri joins Axis Bank after stepping down from Bandhan Bank in June. He br...