JM Financial Asset Management has launched its second performing credit Alternative Investment Fund (AIF) to tap into the fast-growing priv...

Thirty Nifty 50 stocks have wiped out Rs 22.64 lakh crore in investor wealth this year. HDFC Bank and TCS led the decline, losing Rs 3.55 l...

Union Finance Minister Nirmala Sitharaman reviewed GIFT City in Gandhinagar. She noted its significant progress and strategic role in India...

India's central bank is considering measures to stabilize the rupee. The currency has fallen to a record low, increasing import costs. The ...

Smallcase managers remain optimistic on India’s equity markets despite the Nifty declining over 9% this year, projecting the benchmark inde...

The Reserve Bank of India is introducing new rules for banks under Basel III. Lenders will soon publish detailed information quarterly on c...

In recent interactions with RBI, officials of big state-owned and private sector banks have suggested a dynamic regulation on the unhedged ...

Public sector lender Punjab & Sind Bank is eying to mobilise up to Rs 3,000 crore via share sale on a private placement basis in a bid to m...

Indian banks are set for a major provisioning change with Expected Credit Loss (ECL) norms arriving April 1, 2027. This global shift means ...

PSU bank stocks fell up to 3% on Tuesday after RBI confirmed the rollout of the Expected Credit Loss (ECL) framework from April 2027, trigg...

Uco Bank witnessed a significant 23% surge in its fourth-quarter net profit, reaching Rs 801 crore, largely due to reduced provisions. Desp...

The new ECL guidelines would introduce a "staging framework" for asset classification under the ECL approach, replacing the existing incurr...

In a remarkable financial turnaround, IndusInd Bank reported a net profit of ₹594 crore for the quarter ending March 2026. This surge was l...

Foreign institutional investors have been consistently selling shares in 146 Indian companies for four consecutive quarters. This selling s...

Amid a sharp market sell-off triggered by Iran war tensions and rising oil prices, marquee investors like Ashish Kacholia, Mukul Agrawal, M...

Domestic brokerage Prabhudas Lilladher sees Nifty rallying 24% to 30,089 in a bull-case scenario, driven by strength in banks, capital good...

Fifteen years after its finalization, the Basel 3 accord's goal of uniform global banking rules has fragmented. National regulators are now...