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Big US bank stocks head for longest weekly losing streak since 2008Major US banks are experiencing their longest weekly losing streak since the 2008 financial crisis, driven by mixed quarterly earnings and ...- Bajaj Housing Finance Q2 Results: PAT rises 18% YoY to Rs 757 crore, AUM grows 25%Bajaj Housing Finance reported an 18% year-on-year rise in Q2 FY27 profit to Rs 757 crore, while net interest income increased 10%. Assets ...
- Flipkart ex-staff push for Esop buyout; Wipro, Tech Mahindra’s Q2 reportHappy Friday! Former Flipkart employees are asking Walmart to cash out their vested stock options. This and more in today’s ETtech Morning ...
- Banks defy Treasury drag, clock double-digit profit growth in July-Sept quarterIndian Bank, UCO Bank, South Indian Bank and Karur Vysya Bank reported double-digit Q2 profit growth, supported by core income and loan exp...
- IIFL Finance Q2 profit nearly doubles to Rs 805 crore; AUM rises 38%IIFL Finance reported a significant increase in profit after tax for the quarter, rising to Rs 805 crore. This growth was attributed to str...
- Canara Bank has Rs 47000 crore corporate loan pipelineCanara Bank has a corporate loan pipeline totaling Rs 47,000 crore amid rising demand from Indian companies. The bank expects credit growth...
- Canara Bank shares slide over 6% after Q2 earnings. Buy, sell or hold the state lender?Canara Bank shares fell sharply on Thursday despite reporting an 8% year-on-year rise in Q2 FY27 standalone net profit to Rs 5,175 crore. B...
- Cyberattacks affect 20 financial institutions; CERT-In warns on API vulnerabilities and security measuresAround 20 financial institutions were affected by cyberattacks earlier this month, with hackers allegedly exploiting stolen partner-bank cr...
- AI boom’s funding web could spread losses across global markets, IMF warnsThe IMF reports that global AI investment could induce a significant market correction if expectations are unmet. Economic growth has been ...
- These 7 private and public banking stocks have an upside of up to 25% in one year, according to analystsThanks to the US-Iran conflict, the economy has been dealing with higher oil prices for close to seven months. And if inflation starts to c...
- JPMorgan posts rare profit miss as dealmaking, bond trading lose momentum(Compares with estimates in headline and paragraph 1, adds analyst comment in paragraph 4, updates shares, details and context throughout)-...
- 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...
- Borrower took a loan using 103 grams of gold jewels, bank found jewellery fake during a surprise check conducted without his consent, lender ordered to pay gold’s value plus Rs 50,000A Shimla consumer commission has ordered a lender to pay a borrower the market value of around 103 grams of pledged 22 carat gold, plus Rs ...
- Zetwerk sets IPO price band at Rs 143-151, seeks Rs 25,583 crore valuationThe company's IPO will be worth Rs 5,012 crore, comprising a Rs 2,830-crore fresh issue and an offer for sale (OFS) of 144.5 million shares...
- Zetwerk IPO: Fresh issue size raised to Rs 2,830 crore, OFS grows 49%The number of selling shareholders remains unchanged at 24, but eight institutional investors, including Peak XV Partners, Lightspeed Ventu...
- 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...
- US bank earnings in focus as Treasury yields surge, raising concerns over lending and dealmakingUS bank stocks face a critical earnings test as investors assess whether rising Treasury yields, higher deposit costs and slower dealmaking...
- Bank profits may rise 25% in Q2FY27, margins to recover gradually in second half: ReportAccording to a report by Emkay Research, Indian banks might report a 25.4 percent year-on-year increase in net profit. Higher foreign curre...
- Digital lender NeoGrowth raises Rs 85 crore from FMO, LeapFrogThe fundraise will allow NeoGrowth to grow its loan book to nearly Rs 3,000 crore before it needs another equity infusion, Nayyar said, add...
- Compensation of Rs 100 to Rs 5,000 per day for delay by bank in processing your request in these 5 situationsFrom stuck credit card closure requests to lost property papers, RBI rules require banks to pay you for every day they're late. A customer ...
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