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BLS E-Services acquires Atyati Technologies for Rs 157 croreBLS E-Services has acquired Bengaluru-based Atyati Technologies for approximately Rs 157 crore in an all-cash deal. This strategic move aim...
Nifty heading to 25,000, Bank Nifty to 60,000 soon; prefer private banks, NBFCs over PSU banks: CA Rudramurthy BVIndian equity markets are showing strong upward momentum, breaking past key resistance levels. Analysts believe this rally has significant ...
BoB, BoI, PNB see 350 bps credit-deposit gap widenThree major public sector banks – Bank of Baroda, Bank of India, and Punjab National Bank – are showing a significant gap between their cre...
Stocks in news: Hero MotoCorp, Canara Bank, Bharti Airtel, Indian Hotels, SBIIndian markets opened positively, with analysts suggesting a stock-specific strategy amidst consolidation. Hero MotoCorp sees a revival in ...
Bharti Airtel's NBFC arm begins commercial operationBharti Airtel's non-banking financial arm, Airtel Money, has officially begun its commercial operations after securing a license from the R...
SBI boosts AI-powered banking with new digital journeys for retail, corporate customersThe announcements span SBI's YONO platform, introducing new customer journeys, AI-driven capabilities and industry-first features that simp...
Don't worry, banks have shock absorbers: RBIIn its bi-annual Financial Stability Report, the RBI flagged concerns over customer service in the insurance sector and again cautioned tha...
Banks NPA at multi-decadal low of 1.8%, Indian financial system remains resilient: RBI reportIndia's financial system remains robust, with bank NPAs hitting a multi-decade low of 1.8%. Despite global uncertainties and rising oil pri...
RBI flags emerging fault lines in private credit market, calls for close monitoringThe Reserve Bank of India has identified growing concerns within the booming private credit market. The central bank's latest report highli...
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...
Bad loans may edge up to 1.9% by FY28 despite resilient banks: RBIIndian banks are projected to see a slight increase in bad loans to 1.9% by March 2028, yet the system remains robust with strong capital a...
RBI stress test flags rising NBFC stress, capital buffers to thin by FY27India's central bank warns of rising bad loans and shrinking capital for non-banking lenders. Stressed assets could hit 2.8% by March 2027,...
RBI flags AI stock boom as financial stability risk, says Indian banks remain resilientIndia's central bank has identified soaring AI stock valuations globally as a financial stability risk, warning of potential market spillov...
Churn at private banks' finance function, 2 CFOs quitA significant reshuffle is underway in the finance departments of major Indian banks. Axis Bank and Bandhan Bank have seen their Chief Fina...
Canara Bank, Bank of Baroda, Indian Bank pay Rs 7,023 cr dividend to govt for FY26Three public sector banks, Canara Bank, Bank of Baroda, and Indian Bank, collectively disbursed Rs 7,023 crore in dividends to the governme...
Bandhan Bank CFO Rajeev Mantri resigns, to leave in SeptemberBandhan Bank's Chief Financial Officer, Rajeev Mantri, has resigned, citing career growth as his reason for departure. Mantri, who also ser...
Axis Bank CFO Puneet Sharma resigns to pursue new opportunitiesAxis Bank's Chief Financial Officer, Puneet Sharma, has resigned to pursue new professional opportunities. Sharma, who has been with the ba...
Zerodha now wants to enter investment banking space, seeks Sebi nodZerodha has applied to SEBI for a Category I merchant banking licence, signalling its entry into investment banking. The move aligns with I...
Negative Breakout: These 8 stocks cross below their 200 DMAsThe 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock.
Axis Bank aims to strike optimal balance between growth and margins: MDAxis Bank is poised for industry-leading growth while balancing profitability, according to MD and CEO Amitabh Chaudhry. Despite a dip in n...