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Nifty Bank rises 400 points as HDFC Bank, IndusInd, other stocks jump up to 3% after Q1 updatesThe Nifty Bank index rose over 400 points on Monday as gains in HDFC Bank, IndusInd Bank and ICICI Bank outweighed a sharp decline in Kotak...- HDFC Bank shares gain 2% after Q1 biz update; advances rise 15.4% YoY, deposits grow 14.7%HDFC Bank shares rose 2% after the lender reported healthy business growth for the April-June quarter of FY27. Gross advances increased 15....
- Indian banks slash short-term debt sales on cheaper forex fundingIndian banks are significantly reducing their reliance on short-term debt sales, known as certificates of deposit (CDs). This shift is driv...
- India's banks are handing out more loans, but deposits aren't keeping upIndian banks witnessed a surge in lending during the April-June quarter, outpacing deposit growth and widening the funding gap. This trend,...
- The Wealth Company Asset Management announces appointment of Unmesh Kulkarni as managing directorThe Wealth Company, part of Pantomath Group, has appointed Unmesh Kulkarni as its Managing Director. With 29 years of experience in wealth ...
- Citi becomes No. 1 investment banker in India, earns $60 million in last 6 months: LSEGThe jump gives Citi a 9.8% wallet share of India's total investment banking fee pool, which itself shrank 20% year-on-year to $614.1 millio...
- UAE central bank restrictions may dampen NRI dollar mobilisationNew UAE Central Bank rules are creating hurdles for Indian banks seeking to attract NRI dollar deposits. Restrictions on representative off...
- Wipro shares could crash 17% on Thursday if ADR is an indicator. What’s worrying investors?Wipro shares are poised for a significant drop following a steep decline in its ADRs, fueled by investor worries about future earnings and ...
- SoftBank renews talks for $10 billion loan against OpenAI stake, adds concessionsTo make lenders more comfortable, the Japanese technology investor is offering to guarantee repayment of the loan, giving banks recourse to...
- Canara Bank, Indian Bank credit growth outpaces depositsLeading public sector banks, including Canara Bank and Indian Bank, are experiencing a sustained trend where their loan disbursements are e...
- SoftBank completes second $10 billion tranche of its $30 billion OpenAI investmentSoftBank has injected another $10 billion into OpenAI, part of a larger $30 billion commitment. This significant investment, funded by a br...
- Stocks in news: Kotak Mahindra Bank, Tata Motors, HDFC Bank, IndiGo, Coal IndiaIndian markets experienced a volatile yet narrow trading range, concluding marginally lower as consolidation persists. Analysts await a dec...
- US Stocks: Oppenheimer makes rare cuts to top US investment banks, backs alternative asset managersOppenheimer has downgraded major U.S. investment banks like Goldman Sachs and Morgan Stanley, citing limited upside despite a positive envi...
- Kotak Mahindra Bank to acquire Deutsche Bank’s retail banking, private banking and wealth management business in IndiaKotak Mahindra Bank is acquiring Deutsche Bank's retail, affluent private banking, and wealth management operations in India. This strategi...
- Kotak Mahindra Bank to acquire Deutsche Bank's India retail banking businessKotak Mahindra Bank has significantly expanded its footprint by acquiring Deutsche Bank's retail, private banking, and wealth management op...
- Zerodha eyes foray into investment bankingIndia's leading retail broker, Zerodha, is making a significant move into investment banking. The company has applied to Sebi for a merchan...
- Inside Qualcomm's AI Strategy: Opportunities, risks & outlookQualcomm is transforming into an AI infrastructure leader, targeting growth in data centers, automotive, and IoT. Success depends on execut...
- Stocks in news: Waaree Energies, Kotak Bank, HDFC Bank, Strides Pharma, Persistent SystemsIndian markets showed volatility, ending nearly flat despite positive signals. Analysts note Nifty faces resistance from key moving average...
- JPMorgan puts two more in line to succeed Jamie DimonJPMorgan Chase has appointed Doug Petno and Troy Rohrbaugh as co-presidents, signaling a significant step in succession planning for CEO Ja...
- Bank of America names new Southeast Asia investment banking head, memo showsBank of America has appointed Dominic Tan as its new head of Southeast Asia investment banking, a role he will juggle alongside his existin...
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