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Punjab & Sind Bank eyes Rs 4 lakh cr business by FY29: Lender bets big on technology transformationPunjab & Sind Bank is setting ambitious goals, aiming for a staggering ₹4 lakh crore in business by the fiscal year 2028-29. The bank proje...- Mahindra Finance Q1 Results: Profit jumps 75% to Rs 927 crore on higher interest margin, lower provisionsMahindra and Mahindra Financial Services has experienced a remarkable seventy-five percent surge in net profit, driven by enhanced net inte...
- Bandhan Bank Q1 profit jumps 35% as provisions decline sharplyBandhan Bank reported a 35% rise in Q1 net profit to Rs 502 crore, driven by lower provisions despite weaker operating profit. Gross NPAs i...
- Akasa Air to shift all Mumbai flight operations to Chhatrapati Shivaji Maharaj International Airport's Terminal 2 from August 1Akasa Air will move all its Mumbai flights to Terminal 2 starting August 1, 2026. Passengers should verify their flight and terminal detail...
- Samsung Galaxy Card launches in the US to take on Apple Card: 5% cash back, $200 bonus, no annual feeSamsung Galaxy Card reward: Samsung has launched its first branded credit card, the Samsung Galaxy Card, in the United States. This new Vis...
- HDFC Bank shares fall for 2nd day but Jefferies, others brokerages remain bullish. Should you buy the dip?HDFC Bank shares extended losses for a second straight session after its Q1 FY27 earnings, but brokerages remain optimistic on the stock. J...
- Indian Overseas Bank eyes $650 million foreign deposits by SeptemberIndian Overseas Bank aims to gather $650 million in foreign currency deposits by September. The bank has already secured $300 million witho...
- Credit-deposit gap to persist as loan demand dynamics have changed, says SBI ResearchA noticeable gap between credit and deposit growth is troubling the banking landscape. Consumers are shifting their savings from traditiona...
- Shapoorji secures commitments for Rs 21,350 cr from investors including Mercury Finance, Deutsche BankShapoorji Pallonji Group has secured investor commitments for its Rs 21,350 crore refinancing package, backed by its Tata Sons stake. The p...
- India Inc is returning to banks for money, but retail borrowers aren’t keeping paceIndia’s largest private banks are witnessing a shift in credit demand, with corporate and SME lending driving loan growth while retail borr...
- ICICI Bank shares rise 3% after Q1 results. Why Bernstein and 4 other brokerages see up to 32% upsideICICI Bank shares rose 3% after the lender reported strong Q1FY27 results, with net profit growing 15.9% and net interest income rising 12....
- Kotak Mahindra Bank shares fall over 3% despite Q1 profit growth. Analysts weigh inKotak Mahindra Bank shares fell after reporting a strong profit increase for the first quarter. Net profit rose 26% year-on-year, and net i...
- Yes Bank shares drop 4% after Q1 results. What are Nuvama, other brokerages saying?Yes Bank shares fell despite reporting a 34% year-on-year jump in Q1FY27 standalone net profit to Rs 1,071 crore. Net interest income (NII)...
- RBI imposes penalties on Muthoot Finance, 5 others for compliance violationsThe Reserve Bank of India has imposed penalties on six financial companies. Muthoot Finance received a Rs 5.80 lakh fine for risk managemen...
- Kissht receives 3-year Amfi registration to distribute mutual fundsKissht parent OnEMI Technology Solutions said Invincible Minds received an Amfi Registration Number on July 14. The registration is valid f...
- Jio Financial Services shares rally 6% after stellar Q1 results. Buy, sell or hold the stock?Jio Financial Services shares surged 6% after the company posted a strong Q1FY27 performance. Consolidated net profit jumped 155% year-on-y...
- Govt proposes tighter fuel efficiency norms for cars under CAFE III from FY28New fuel efficiency norms for passenger vehicles are proposed by the Power Ministry. These stricter Corporate Average Fuel Efficiency III r...
- US Stock Market: Healthy loan growth and stable credit trends boost outlook for US bank stocksMajor Wall Street banks say the U.S. consumer remains resilient, with strong spending, rising loan balances and stable credit quality backe...
- BlackRock assets hit record $15 trillion on boost from buoyant markets, ETF inflowsIn a remarkable show of strength, BlackRock announced impressive second-quarter profits that outpaced Wall Street's forecasts. Driven by a ...
- UP RERA to facilitate GST refund for homebuyers, warns builders against excess levyUP RERA has issued new guidelines for homebuyers seeking GST refunds. Eligible homebuyers can now claim excess GST collected through the GS...
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