More banks may get into AMC biz after RBI nod to IndusInd BankIndusInd Bank received approval from the Reserve Bank of India to set up a wholly-owned asset management business, a first for a mainstream...
21 Aug, 2024, 07.18 AM IST
ICICI Bank, SBI among Nomura’s 4 preferred banking stocks ahead of Q1 resultsGlobal brokerage firm Nomura predicts significant growth disparities in the banking sector, favoring ICICI Bank, SBI, Kotak Mahindra Bank, ...
10 Jul, 2024, 02.16 PM IST
PSU bank stocks vs private banks: Who will win the race in the tale of two opposites?Private banks are trading at a price-to-book (P/B) valuation of 2.3 against the 10-year average of 2.5. On the other hand, the PB of PSU ba...
21 Feb, 2024, 10.21 AM IST
HDFC Bank’s era of premium valuations is overFinancial metrics that stood out in the industry gave HDFC Bank a premium valuation that was competitors’ envy. Now that it resembles its p...
26 Jan, 2024, 02.22 PM IST
HDFC Bank shares tank 12% in 2 days in Rs 1.3 lakh-crore rout. No dip buyers leftHDFC Bank shares fell as dip buyers were insufficient following Wednesday's crash, resulting in a loss of Rs 1.3 lakh crore in market capit...
18 Jan, 2024, 11.40 AM IST
HDFC Bank Q2 preview: Margins may moderate as lender reports merged numbers for first timeHDFC Bank Q2 Preview: While Kotak Institutional Equities expects HDFC Bank's Q2 PAT to rise 44.5% to Rs 15,327 crore, Motilal sees a growth...
15 Oct, 2023, 10.43 AM IST
HDFC Bank slips as D-St takes in lower profitability forecastsAnalysts expect the stock to underperform in the near future, while investors might shift focus to peers such as ICICI Bank and Axis Bank.
21 Sep, 2023, 05.42 AM IST
NBFCs bracing for a rise in borrowing costsJapanese brokerage Nomura Securities expects cost of funds for NBFCs to increase by 30-40 basis points by December 2023 due to a broad incr...
09 Sep, 2023, 08.03 AM IST
Paytm shares drop up to 9% today. What's the bad news?Today's selling pressure in the new-age stock comes after Bharti Enterprises chairman Sunil Mittal confirmed to ET that it is not in talks ...
28 Feb, 2023, 01.18 PM IST
Alibaba Group sells 3.3% stake in Paytm parent for Rs 1,378 croreAlibaba.com Singapore E-Commerce Pvt Ltd sold 2,14,31,822 shares at Rs 642.74 apiece. This was at a steep discount of 9% to Thursday’s clos...
10 Feb, 2023, 07.54 PM IST
Paytm stock tumbles over 8% amid block dealThe reported operating profit improved by Rs 424 crore from the year-ago period, and the margin improved to 2% of revenue from -27% a year ...
10 Feb, 2023, 11.42 AM IST
Paytm woos another bear! Macquarie raises share target price by 80%The analysts had last year given a target price of Rs 450 on the stock with an underperform rating. They have now raised Paytm's FY23–26E r...
08 Feb, 2023, 02.27 PM IST
NBFCs stare at a liquidity squeeze amid debt fund outflow, low bank fundsWith banks witnessing a multi-year high credit demand and chasing deposits, the lending cost for non-bank lenders with 3-5 year corporate b...
29 Sep, 2022, 12.32 AM IST
Paytm Q3 results: Loss widens despite 34% growth in revenueOne97 Communications, which operates Paytm, reported a loss of Rs 780 crore for the December quarter, compared with a loss of Rs 474 crore ...
05 Feb, 2022, 01.51 AM IST
Paytm’s IPO flop may embitter millions of retail investorsRetail investors, who bought an unprecedented amount of shares in Paytm’s parent One 97 Communications Ltd., have seen more than 35% of the...
23 Nov, 2021, 07.31 AM IST
Paytm shares extend declines after listing flop, market cap nearly halvesPaytm’s share price fell as much as 18.72% intraday to Rs 1,271.25 on the BSE before paring some of the losses to end the day 13.03% lower ...
22 Nov, 2021, 05.54 PM IST
Paytm under scrutiny after first-day flop followed record IPOOver the weekend, Paytm released financial details for the month of October, which includes the critical period ahead of the Diwali holiday...
22 Nov, 2021, 01.37 PM IST