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BANK RECORDS
Norwest raises $4 billion fund for India, US and Israel investmentsNorwest has raised $4 billion for its 18th fund, which will invest across India, the US and Israel. The 65-year-old firm, backed by Wells F...- ED probes 21L trail to retd Punjab official's wife in border land caseThe Enforcement Directorate is investigating a money-laundering case linked to illegal land transfers in Pathankot, Punjab. Investigators a...
- Retail inflation may remain above 6 pc for next few months; economists see possibility of rate hikesMumbai's consumer price index-based retail inflation is projected to remain above 6 percent in upcoming months. This rise is attributed to ...
- NPCI to use merchant fees to boost UPI acceptance among small shopsIn an effort to boost digital payments, NPCI has launched the UPI Vyapaar Saksham Scheme targeting small businesses in tier-3 to tier-6 tow...
- Lenskart, Meesho deliver gains of nearly $400 million for SoftBank Vision fundsLenskart saw returns of $273 million, the highest among the Vision funds' listed investments, while Meesho gained $121 million, according t...
- US stock market selloff: Four indicators suggest correction may not be overFour key indicators suggest the US stock market correction may not be over, despite some stabilisation in technology shares. Easing investo...
- Bank earnings rise 20% in Q2 as lower provisions, healthy income growth support performance: KotakIndian banks are projected to benefit from a rising interest rate cycle and favorable loan mix in upcoming quarters. Earnings growth is ant...
- PSBs improve profitability but fail to bridge valuation gap with private peersThe market continues to reward private lenders for their ability to generate higher returns through better customer service, stronger prici...
- UPI sees Diwali boom; AI cracks CaptchaDiwali spending fuelled a surge in UPI transactions, with both payment volumes and values rising. This and more in today’s ETtech Top 5.
- Jefferies sees largecaps benefiting from FPI revival; Reliance, HDFC Bank, Axis Bank among potential beneficiariesJefferies expects largecap stocks to benefit more directly from a potential revival in foreign portfolio investor (FPI) flows into Indian e...
- Tech investor SoftBank Group logs $7 bn quarterly net lossThe company's profits routinely see wild fluctuations linked to the volatile value of global technology stocks and its changing portfolio o...
- Up to 12,000% growth! 181 companies more than doubled profits in Q2 earnings boom for India IncIndia Inc witnessed a strong earnings recovery in Q2 FY27, with 181 companies more than doubling their net profits year-on-year, according ...
- Anthropic plans IPO live stream with Dario Amodei, JPMorgan CEO Jamie DimonThe meeting is part of the marketing effort for Anthropic’s potentially record-breaking IPO. The offering is expected to formally begin mar...
- Anthropic plans IPO live stream with Amodei, JPMorgan CEO DimonAnthropic PBC is preparing for a live-streamed event featuring CEO Dario Amodei and JPMorgan Chase CEO Jamie Dimon. This event is aimed at ...
- Foreign investors keep faith in 83 stocks despite prolonged India selloffForeign portfolio investors have favored 83 companies, including LIC, ONGC, and Indian Bank, over the past four quarters. Despite foreign i...
- Japanese households buy record 5-year government bonds as rate hike expectations peakJapanese households have bought a record 8.19 trillion yen worth of retail government bonds this fiscal year, with five-year fixed-rate sec...
- Gold's short-term volatility contrasts with long-term bullishnessRecently, gold prices have leveled out at approximately $4,000 an ounce after experiencing notable volatility throughout the year. This sta...
- Developing countries' debt hit record $9.4 trillion in 2025: World BankMost of the increase was driven by private financing, with borrowing from private creditors and bond issuance by public enterprises rising ...
- Woman went to operate bank locker, found it surrendered, Rs 47 lakh jewellery missing; sought Rs 48 lakh compensation, gets big relief in consumer commissionA Delhi woman found that her bank locker, which contained jewellery worth Rs 47 lakh, had been surrendered. The bank continued to charge he...
- Utkarsh Small Finance Bank reports sixth consecutive quarterly lossUtkarsh Small Finance Bank experienced a loss of Rs 70 crore in the second quarter, marking six consecutive quarters of decline. The lender...
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