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CORPORATE CARD SPENDING
SBI Cards Q2 profit jumps 75% YoY to Rs 778 crore as bad loan costs fall sharplySBI Cards reported a 75% year-on-year profit increase to Rs 778 crore in Q2 FY27, driven by lower credit costs and improved asset quality. ...
These large-, mid- and small-cap stocks can give more than 20% return in 1 year, according to analystsThere is really no doubt about what will happen in the short term. It is going to be tough. Trying to guess the exact day when things will ...
Bank of Baroda festive campaign: Bank launches offers on home, car and other loans; debit cards and savings accounts for womenBank of Baroda has initiated a festive campaign providing various retail and MSME loan options for customers. The campaign includes home lo...
IPO ahead! Paramotor Digital Technology files updated draft papers with Sebi for Rs 1,000 crore issueParamotor Digital Technology has filed updated draft IPO papers with Sebi for a Rs 1,000 crore issue, comprising a fresh issue of Rs 698 cr...
UPI MDR rollout pushed; India’s first quantum computer coming soonHappy Wednesday! The implementation of MDR on select UPI payments has been deferred beyond Diwali. This and more in today’s ETtech Morning ...
US banks post strong profits, but inflation and rate risks cloud outlookMajor US banks reported higher third-quarter profits, supported by resilient consumer spending, AI investment and stronger trading revenue....
US stocks: Citi profit jumps 40% with higher investment banking, services and wealth revenueCitigroup has reported a remarkable 40% jump in its third-quarter profits year-over-year, despite some declines in other areas. Trading rev...
Market crash after retirement? Four retirees share lessons on how to prepare in advanceFour retirees tell us how they planned for a market fall long before it came. What these four individuals did smartly was not adjust their ...
Everyone looks at 2-wheelers and FMCG. Another set that feels the monsoon’s test: 6 stocks with upside potential of up to 33%The monsoon is one influence on rural financial health. It is not a complete predictor of what a lender will earn. Whether good rain become...
Warren Buffett calls out the worst accounting trick in corporate America, and the analysts who help it alongEvery loan that Warren Buffett’s home business makes, it keeps. When the borrower stops paying, the loss is borne by his company rather tha...
UPI MDR spurs soundbox expansion beyond metrosThe industry has scope to increase soundbox deployments from about two crore to five crore over time, a top official at the National Paymen...
- Knowing nobody
In 'Tales of Kitagaki', Governor Kitagaki's ornate title fails to impress Zen Master Gasan, who values the essence of a person over status....
UPI transaction volume dips to 24.07 billion in SeptemberTransaction volumes dipped 1.8% from 24.51 billion in August, while the value of transactions also fell marginally month on month. On a yea...
Claude, New Yorker, Bandcamp: RBI rules leave international card payments in grey areaNew regulations from the Reserve Bank of India will mandate reporting of international credit card transactions starting October 1. Consume...
New indicator for New India: 25 stocks whose numbers can reveal what is in store for the economy and the stock marketFor decades, there was a familiar way to understand the Indian consumer. Economists waited for GDP, industrial production, inflation, credi...
These large-cap stocks have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 29%, according to analystsAfter crude oil prices, the one thing that provides a boost to the bears is the tariffs that US President Trump keeps announcing. Now, ther...
UPI vs credit cards - How India's payments system is boosting savings and benefitting multiple stakeholdersThe Anglo-Saxon economies of the US, United Kingdom and Australia show a reduction in household savings rates along with a growth in credit...
- 'FCNR haul to power HSBC's India wealth, retail banking push'
HSBC forecasts that foreign currency deposits will significantly enhance its operations in India. By securing $14.5 billion through a speci...
Father spent Rs 2,000 on son’s Roblox promotion, forgot to delete card; 9-year-old created a Rs 1 crore bill problem from saved detailsA nine-year-old Minecraft and Roblox creator reportedly used his father’s saved company card details to promote videos on his YouTube chann...
Why does the US bond selloff matter for global markets?