Searched for
BERNSTEIN ESTIMATES
NPCI announces MDR for UPI; merchant transactions above Rs 2,000 to attract 0.4% chargeWhile NPCI has not specified a threshold based on the size of a merchant’s turnover, it said in its announcement that vendors operating und...
UPI transactions above Rs 2,000 to attract 0.4% MDR; check key detailsNPCI will introduce a Merchant Discount Rate on select P2M UPI transactions starting October 15. Merchants will pay 0.4% on transactions ex...
UPI MDR rates likely within a week, October rollout in sightThis comes after a Monday notificationfrom the Department of Financial Services that narrowed the zero-charge mandate for UPI. The earlier ...
UPI MDR could unlock Rs 22,000 crore revenue pool by FY28: BernsteinUPI could generate Rs 22,000 crore annually by FY28 through a modest merchant discount rate. Banks might receive Rs 14,000 crore and paymen...
Paytm shares drop 3% after govt shields UPI payments only up to Rs 2,000 from charges. Should you buy the dip?Paytm shares fell after the government directed banks and payment providers not to charge for UPI transactions up to Rs 2,000, raising unce...
Bernstein names Paytm stock as its top pick, lists 3 strong growth drivers for fintech giantBernstein has named Paytm its top pick, citing strong merchant lending growth, operating leverage and potential UPI MDR as key earnings dri...
Explained: Why Bernstein prefers MCX over BSE as volumes plummet amid CAS chaosBernstein has favoured MCX over BSE as commodity derivatives volumes maintain strong momentum while equity derivatives activity weakens ami...
LCR reset creates ₹2.1 Lakh-crore lending headroom for PSU BanksPublic sector banks gained significant lending headroom after liquidity requirement relaxation. This allows them to sustain credit growth w...
'Revolver' misfire hits credit card issuers: India's credit card boom sees lower bank profitsCredit card profits are shrinking for Indian banks as spending rises. Customers now use cards more for payments than borrowing, reducing in...
India’s growth gets a government lift, Bernstein flags hidden costsIndia's economic outcomes show distortions, not solely free-market forces at play. Company earnings and asset valuations are influenced by ...
Bernstein cuts PFC, REC target prices as bank competition weighs on loan growthBernstein has retained an Outperform rating on Power Finance Corporation (PFC) and REC but cut its target prices and loan-growth estimates,...
Buy, Sell or Hold: Antique initiates coverage on Astra Microwave Products; Goldman Sachs recommends Buy on Indian HotelsTop brokerages have flagged upside in PB Fintech, Astra Microwave Products and Indian Hotels Company, with Bernstein retaining an Outperfor...
Buy, Sell or Hold: Goldman Sachs maintains buy Solar Industries; Morgan Stanley retains Equal Weight on Tata MotorsBrokerages remain constructive on Solar Industries and Jubilant FoodWorks on strong growth prospects, while Morgan Stanley stays cautious o...
Paytm management gets Sebi show cause notice over timing of 2023 loan disclosure announcementPaytm management has received a Sebi show-cause notice over the timing and classification of information disclosed in a December 2023 corpo...
Is Microsoft overbuilding AI capacity? Bernstein says no, raises target price to $660Bernstein maintains an Outperform rating on Microsoft and raises its target to $660, citing disciplined AI infrastructure spending, flexibl...
Paytm shares recover 410% from 2024 low, but will long-awaiting IPO investors finally see redemption?Paytm shares have soared over 410 percent from their lowest levels, igniting hopes among investors that the stock will soon hit its initial...
Ola Electric's PLI woes; Paytm rides MDR hopesOla Electric’s auditor has raised a red flag in the company’s Q1 results. This and more in today’s ETtech's Top 5.
Paytm shares jump 5% after Bernstein assigns target price above IPO price for first timePaytm Share Price: Paytm shares rallied after Bernstein raised its target price to Rs 2,200, implying 52% upside, while retaining an Outper...
Swiggy’s Rs 60,000 crore breakeven challenge: Can Instamart grow without restarting the cash war?Swiggy's Instamart is targeting an impressive ₹60,000 crore in annualised net order value to achieve profitability. To reach this goal, the...
Payment Bill rekindles MDR hopes for large-value UPIProposed amendments to the Payment and Settlement Systems Act may bring back merchant discount rates. This move could help banks and fintec...