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HDB Financial Services Q2 Results: Net profit jumps 34% YoY to Rs 780 crore, revenue up 10%HDB Financial Services Q2 Results: HDB Financial Services reported a 34% year-on-year rise in Q2FY27 net profit to Rs 780 crore, while reve...
AI could free up 40% of banks' middle and back-office capacity by 2030: BCG ReportThe integration of artificial intelligence is set to drastically reshape the workforce in the banking industry's middle- and back-office se...
Canara Bank Q2 Results: Standalone net profit rises 8% YoY to Rs 5,175 crore, NII jumps 20%Canara Bank has announced a standalone net profit of approximately Rs 5,175 crore for the second quarter of FY27, reflecting a growth of ov...
Hardening bond yields to weigh on bank profits in September quarterFor the September quarter, Nifty 50 banks are forecasted to see an 11.5% rise in net interest income, yet net profits are expected to grow ...
US Stock Market today: Why are S&P 500, Dow Jones, Nasdaq, Russell 2000 down? Latest updates on Wall Street stocks, US Bonds, treasury yieldsWall Street indexes S&P 500, Dow Jones, Nasdaq, Russell 2000 had rough trading day as several stocks fell, weighing on key sectors.
PM Modi woos global investors, says India believes in 'Power to Empower'The Prime Minister told the gathering of business leaders from India and abroad that the country has seen inclusive growth at a steady pace...
'Advertising spends may keep growing in high single digits'The festive season is a major business driver for automobiles, electronics and gadgets, beauty and personal care, and home decor. India's a...
IMF edges up 2026 global growth forecast to 3.1% but warns economy is ‘vulnerable to setbacks from both directions’The International Monetary Fund has updated its global growth forecast for 2026 to 3.1 percent. Concerns remain about the economy's resilie...
Banks seek clarification on implementation of RBI forex measuresIndian lenders have requested clarification from the Reserve Bank of India regarding new currency-supporting measures. They seek guidance o...
Can Fin Homes shares rally up to 5% after Q2 net profit jumps 10% to Rs 275 crore, NII rises 7%Can Fin Homes shares rallied up to 5% after the housing finance company reported a 10% year-on-year rise in Q2 FY27 net profit to Rs 275 cr...
Poonawalla Fincorp Q2 profit soars five-fold YoY to Rs 375 crorePoonawalla Fincorp reported a remarkable net profit of ₹375 crore for the second quarter, marking impressive year-on-year growth. The compa...
Poonawalla Fincorp Q2 profit surges fivefold as income risesPoonawalla Fincorp reported a substantial increase in net profit for the second quarter, rising over fivefold. The company's net interest i...
Crude oil, uneven monsoon pose risk to banks despite benign asset quality: ReportHigher crude oil prices and drought conditions in five states may impact Indian banks' asset quality outlook. This follows a stable credit ...
IMF chief warns energy shock, growing debt and AI risks threaten global growthIMF chief Kristalina Georgieva warned that high energy prices, record public debt and the AI investment boom are fuelling inflation and thr...
₹5 lakh credit card limit but you only use ₹70k? Can unused credit help your CIBIL scoreLearn about the crucial impact of your credit card utilization ratio on your CIBIL score and recognize what a balanced ratio looks like. Un...
Après le Déluge, a case study: France’s debt crisis is exposing deeper cracks in the global economyAmidst a backdrop of economic turmoil, France is confronted with stagnant growth and high deficits, which are eroding investor confidence. ...
Indian banks face a Q2 paradox: FCNR boosts loan growth but margins shrinkIndian banks are heading into the Q2 earnings season with strong loan growth, helped by FCNR(B) deposit inflows, but margins are likely to ...
US Market: Borrowing costs surge as debt burden limits policy optionsUS borrowing costs are rising as Treasury yields remain elevated, with federal debt surpassing $40 trillion and annual interest payments ne...
Firstborn daughters may change male bosses’ hiring decisions: Chartered accountant explains why women could benefit at workBosses having a daughter can change not just their lives but also yours for the better. A survey found that managers whose firstborn kids w...
Anup Bagchi's big test at HDFC Bank is winning back investor trustIncoming HDFC Bank CEO Anup Bagchi’s immediate task is to restore investor confidence by improving execution and governance, as the bank’s ...