HDFC Bank shares fell up to 2% after the lender reported a 4.6% year-on-year rise in Q2 FY27 net profit to Rs 19,510 crore. Jefferies, Moti...

Canada's Immigration Minister Lena Diab has signalled a possible increase in immigration levels as population growth hits its lowest rate s...

The best short-term certificates of deposit (CDs) are offering yields of around 4% to 4.40% APY on Wednesday, October 14. Capital One is of...

Jyotiraditya M. Scindia discussed significant banking developments at the North East Bankers’ Conclave 2.0 in Agartala. He outlined future ...

The RBI raised the repo rate by 25 basis points to 5.50%, its first hike in nearly four years. Mutual fund managers favour short-duration, ...

Indian banks significantly decreased the issuance of certificates of deposit, lowering outstanding amounts by ₹1.3 lakh crore. This change ...

Shares of Punjab National Bank, Bank of Baroda and AU Small Finance Bank rose up to 4% after strong Q2 business updates. Deposits and advan...

When Mr Kumar, a grain trader from Rampur deposited Rs 5.2 crore cash in his bank account and filed an Income Tax Return (ITR) declaring Rs...

Within the Indian financial landscape, the contrast between short- and long-term certificate of deposit rates is becoming increasingly evid...

Bank of India Mutual Fund CIO Alok Singh sees scope for banks to re-rate as low NPAs, healthy returns and loan growth support fundamentals....

The deadline for uploading tax audit reports is set for September 30, 2026, specifically targeting certain taxpayers. Chartered accountants...

In a significant financial maneuver, Reliance Industries aims to secure ₹12,500 crore via a five-year bond issuance, orchestrated by Indian...

On September 14, Oracle commenced yet another wave of considerable layoffs, revealing a stringent approach to workforce management. Notific...

India’s private banks saw fresh lending spreads widen sharply in July as FCNR(B) inflows improved liquidity and reduced reliance on expensi...

Indian banks are now deploying artificial intelligence in production across various functions. Scaling these AI deployments faces significa...

Large banks secured significant dollar deposits, easing short-term borrowing costs for smaller institutions. This influx of funds has boost...

In March this year, interest rates on CDs shot up from 10.5% to nearly 12% as banks made desperate attempt to garner deposits.