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INDO-MIM, Ather Energy and TCS among stocks bought and sold by mutual funds in JulyMutual funds bought Rs 15,900 crore of stocks in July while FIIs sold Rs 11,000 crore. Axis Bank, INDO-MIM and Kotak Mahindra Bank saw majo...
State Bank of India's successful dollar debt sale prompts Bank of Baroda to test waters, bankers sayBank of Baroda is actively seeking dollar funding avenues to bolster its operations, inspired by the successful foreign-currency bond issua...
Reliance Industries, Adani Enterprises among 10 stocks with highest DII buying up to Rs 22,600 crore in Q1Domestic institutional investors have made a significant impact on the market by increasing their stakes in major companies. Their confiden...
Federal Bank, IDFC First Bank surge in credit card growth, challenging HDFC BankRecent data reveals that Federal Bank and IDFC First Bank have collectively issued over twenty-two lakh new credit cards, almost parallelin...
Axis Bank raises $300 million via bondsAxis Bank has successfully secured USD 300 million from international investors, aimed at bolstering its growth initiatives. With a coupon ...
State Bank of India returns to dollar debt market, bankers see strong demandState Bank of India is set to re-enter the dollar bond market, marking its first appearance in nearly a year. The nation's leading financia...
Apple Pay coming to India in October, UPI support may be delayed: ReportApple Pay may launch in India this October without UPI support. The service will initially use tokenized Visa and Mastercard credit cards. ...
FCNR (B) FD premature withdrawal rules: Check penalty and interest rate rules of HDFC Bank, SBI, ICICI Bank, Axis Bank, Kotak Mahindra BankFCNR(B) deposits serve as a reliable investment option for NRIs wishing to secure foreign earnings in India. Penalties can differ across in...
- Lenders seek RBI approval to spread their MTM losses
Indian banks have sought RBI approval to spread mark-to-market losses on investment portfolios across the remaining three quarters, citing ...
Banks or NBFCs? DSP's Preethi R S explains where she sees the best opportunitiesDSP Mutual Fund’s Preethi R S remains constructive on India’s financial sector, favouring lenders with strong deposit franchises, disciplin...
Highest FCNR (B) FD interest rates for NRIs: PNB offers 6.50%, compare SBI, HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank rates
ICICI Bank, Axis Bank tap dollar debt again in less than two months: ReportICICI Bank and Axis Bank have returned to the U.S. dollar debt market, each looking to raise $300 million through upcoming bond issues, set...
JSW Energy RE arms borrow ₹4,000 cr from banks, NaBFIDJSW Energy's renewable arms secured over four thousand crore rupees in long-term loans. These funds will finance ongoing and future renewab...
Billionaire Anil Agarwal’s Vedanta unit seeks mega $1.4 billion loan after business splitVedanta Aluminium Metal Ltd. is raising 135 billion rupees from three major banks. Axis Bank, HDFC Bank, and ICICI Bank are providing the s...
Nagpur woman loses Rs 6.93 lakh in online scam, files complaint against bank, wins back money with 9% interest and additional Rs 35000A Nagpur woman who lost Rs 6.93 lakh in a FedEx parcel scam won a consumer court case against ICICI Bank. The commission ordered the bank t...
ICICI Bank, Bajaj Finance among Axis Securities’ top 8 largecap stock picks for AugustBenchmark indices witnessed broad-based gains, with leadership gradually shifting back towards largecap stocks. Here are the top eight larg...
FCNR (B) FD interest rates up to 6.50%: SBI, HDFC Bank, PNB and others- which bank offers highest rate?For non-resident Indians, foreign currency non-resident bank fixed deposits remain a favored investment choice. With an uptick in interest ...
FIIs build a new Banking XI without the usual heavyweights. Will the big banks return?Foreign investors reduced stakes in large banks during the June quarter. They simultaneously increased holdings in several mid-sized and sm...
SBI, HSBC and ICICI lead India's overseas deposit drive, data showsHSBC, SBI and ICICI Bank emerged as the top beneficiaries of the RBI’s dollar deposit scheme for NRIs, raising $6.14 billion, $4.12 billion...
Axis, Kotak Mahindra raise charges for overseas card transactionsAxis Bank will increase the DCC fee on its credit cards to 3.5% from 1.5%, effective August 28, 2026, according to the bank's revised terms...