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Loan growth remains strong, shows latest RBI sectoral dataBanking credit to industries showed robust growth, increasing 19.2 percent year on year. Personal loan growth also remained strong, rising ...
Aditya Birla Capital Q1 Results: Profit jumps 40% YoY to Rs 1,175 croreAditya Birla Capital has announced an impressive forty percent increase in profits for the first quarter. The company’s consolidated total ...
Capital Group buys 1.5% stake in IIFL Fin for Rs 374 cr; stock rises over 2%Capital Group bought a 1.49 percent stake in IIFL Finance for Rs 374 crore. This acquisition was made through open market transactions from...
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsThe price of crude oil is down again despite the escalating tensions in the Gulf region. That augurs well for markets. This does not mean t...
Bajaj Finance posts 28% growth in net profit amid healthy loan demandBajaj Finance reported a 28% year-on-year net profit increase for the June quarter. Assets under management climbed 24% to ₹5.47 lakh crore...
HDFC Bank, Axis Bank collect highest penalties from customers for non-maintenance of minimum average balance; Bank of Baroda tops public sector bank listHDFC Bank, Axis Bank, and Bank of Baroda collected the most penalties for low balances. Public sector banks collected these charges from FY...
Minimum balance charges swell pvt banks' coffers by nearly Rs 5,000 cr in FY26Private banks collected over Rs 4,900 crore from account holders for minimum balance failures. Public sector banks also gathered Rs 2,100 c...
Equitas SFB returns to profit in Q1 as provisions fall sharplyEquitas Small Finance Bank posted a first-quarter net profit of Rs 184 crore against a year-ago loss, aided by sharply lower provisions. Th...
Macroeconomic fundamentals of Indian economy remain strong amid global challengesIndia's economy shows strong macroeconomic fundamentals and a resilient financial system. Robust domestic demand and healthy corporate bala...
Senior citizen FD rates 2026: Use an FD calculator to maximise your retirement returnsSenior citizens can earn up to 7.75% p.a. on Bajaj Finance fixed deposits. An online calculator helps estimate maturity amounts for retirem...
Higher FCNR and NRE FD interest rates: This bank revises NRE rates to 7.60% and FCNR rates to 7.40%; check detailsAU Small Finance Bank has raised interest rates on FCNR(B) and NRE fixed deposits. These new rates are effective from July 27, 2026, for sp...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%Market mood rarely turns all at once. It turns in stages. And India's mood might have just entered the first of them: Because of a commodit...
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 27%This time, hopefully, both the US and Iran will stick to their word. The factor to watch is how Israel takes it. With oil prices coming dow...
Small, medium banks offer higher rates to attract NRI depositsSmall and mid-sized Indian banks are ramping up FCNR(B) deposit rates to attract non-resident Indians after interest rate deregulation, off...
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growthTamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net inter...
AU Small Finance Bank raises NRI deposit rates by 30-60 basis pointsAU Small Finance Bank has increased its non-resident deposit rates by up to sixty basis points. The bank raised its peak interest rate on F...
Protium in advanced talks to buy Clix Capital; Rs 1,900-2,200 crore valuation likelyProtium Finance is nearing a deal to acquire Clix Capital for approximately Rs 1,900-2,200 crore. This acquisition aims to expand Protium's...
Shriram Finance eyes doubling gold loan book share to 5% in three yearsShriram Finance plans to double its gold loan contribution to five percent. The company also intends to grow its MSME portfolio to twenty p...
Ujjivan Small Finance Bank grows share of secured loan to over 50%Ujjivan Small Finance Bank has achieved a significant milestone by increasing its secured loan portfolio. This strategic shift now represen...
Purple Finance to acquire Saksham Gram Credit for rural expansionPurple Finance plans to acquire Saksham Gram Credit for rural market expansion. The company also secured equity funding of Rs 108 crore for...