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CREDIT CRISIS
Diaspora dollars are coming, but India needs export resilience, not quick fixesThe Reserve Bank of India's special deposit scheme is successfully attracting significant foreign currency from overseas Indians. Banks hav...
Mahindra Finance Q1 Results: Profit jumps 75% to Rs 927 crore on higher interest margin, lower provisionsMahindra and Mahindra Financial Services has experienced a remarkable seventy-five percent surge in net profit, driven by enhanced net inte...
Bandhan Bank Q1 profit jumps 35% as provisions decline sharplyBandhan Bank reported a 35% rise in Q1 net profit to Rs 502 crore, driven by lower provisions despite weaker operating profit. Gross NPAs i...
Global Market: European lenders brace for solid Q2 results despite geopolitical uncertaintyEuropean banks are set to report another quarter of resilient earnings, supported by steady loan growth, higher interest rates, strong trad...
Proverb of the day: 'When fate throws a dagger at you, there are only two ways to...' Life lessons from Chinese proverb on total control, inevitable crisis, valuable tool, adversity, hardship, growth and protectionProverb of the day explains the meaning of the saying, "When fate throws a dagger at you, there are only two ways to catch it: by the blade...
Punjab National Bank scouting for partner to build its M&A financing portfolio: CEOPunjab National Bank is seeking a partner for its merger and acquisition financing portfolio. The bank aims to gather $2.5 billion in speci...
EU wants bigger banks to rival US lendersThe European Union desires larger banks to enhance global competitiveness. Brussels aims to ease banking regulations and lower capital requ...
Wall Street banks are having their best trading year since 2009. Does that mean a crash is coming?Wall Street banks are on track for record trading revenue, driven by AI investing, dealmaking and active markets rather than crisis conditi...
West Asia crisis, uncertain monsoon major risks for growth: RBI Governor Sanjay MalhotraReserve Bank Governor Sanjay Malhotra noted West Asia crisis and weak monsoon pose growth risks. India's economy grew over seven percent re...
HDFC Bank, Axis Bank, ICICI, Kotak shares rise up to 3% ahead of Q1 earnings; Nifty Bank gains 500 pts. What to expect?Banking stocks rallied on Friday, lifting the Nifty Bank index over 500 points ahead of Q1FY27 earnings from HDFC Bank, ICICI Bank, Axis Ba...
JP Morgan moving closer to a milestone no bank has ever reached: A $1 trillion market valueJPMorgan is approaching a $1 trillion market valuation after record profits and a strong share rally. Robust investment banking, diversifie...
Nifty to hit 27,000 in one year? PL Capital says Middle East crisis, El Nino can play a spoil sport; names 15 top picksPL Capital has raised its one-year Nifty 50 target to 27,019, implying over 12% upside, while warning that the escalating West Asia conflic...
HDFC Bank, SBI, other stocks jump up to 2%; Nifty Bank gains 560 points. What lies ahead?Banking stocks rallied up to 2% on Wednesday, lifting the Nifty Bank index as investors positioned themselves ahead of a crucial round of Q...
These 9 banking stocks have an upside potential of up to 28% in 1 year, according to analystsIt is always important to make a distinction between sentiment and real business. While sentiment can impact prices in the short term, it i...
Housing finance stocks: Is the worst of perception over? Time for a relook? 11 HFC stocks with upside potential from a low 6% to 30%As a sector, housing finance has borne the brunt of regulatory changes and various scams at different points of time. It is a sector that h...
Q1 Showdown: Analysts pick top bets as ICICI Bank, HDFC, Axis, Kotak, Yes Bank gear up for results this weekFive major private banks will announce their Q1 results this Saturday. Analysts offer mixed views on which banking stocks investors should ...
Quote of the day by John D Rockefeller: 'Save when you can and not when...' Life lessons from inspiring quote on proactive saving, reactive panic, emergency fund, consistent investments and financial disciplineQuote of the day by John D Rockefeller highlights the importance of saving money before financial problems arise instead of waiting until a...
- US Stock Market: SEC clears path for UBS crisis resolution plan with key bail-in guidance
The US Securities and Exchange Commission will not object to certain UBS securities transactions. This regulatory relief aids Switzerland's...
US SEC removes legal obstacle to UBS' crisis-resolution planThe U.S. SEC cleared a key legal hurdle for UBS by allowing potential debt-to-equity conversions under its crisis-resolution plan without e...
ECLGS 5.0 crosses 4.11 lakh guarantees, extends Rs 1.55 lakh crore support to firms hit by West Asia crisisThe Emergency Credit Line Guarantee Scheme 5.0 has issued over 4.11 lakh guarantees. These guarantees amount to more than Rs 1.55 lakh cror...