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Crisil lifts India FY27 growth forecast to 7% on strong H1 momentumCrisil has raised its GDP growth forecast for India in FY27 to 7%, reflecting strong domestic demand. Resilient consumer spending and gover...- Macquarie sees strong earnings recovery for banks, picks 5 stocks to outperformMacquarie expects Indian banks to deliver 18% EPS growth in FY28, supported by higher margins, stronger loan demand, easing liquidity press...
- Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdoneBank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the re...
- NCLAT issues notices to lenders on Subhash Chandra’s plea against NCLT orderNCLAT has issued notices to lenders on Essel Group chairman Subhash Chandra’s plea challenging an NCLT order that constituted a five-member...
- Air India's ₹10,000 crore fundraise plan draws cashflow concernsAir India is currently looking to secure ₹10,000 crore in fresh loans for various operational needs. Some lenders are hesitant to provide c...
- CPP Investments makes India hospitality debut with Rs 3,000-cr Prestige dealThrough the investment, CPP Investments will acquire around 27% stake in PHVL, with the majority of the capital supporting the platform's c...
- SC draws the line on Fortis audit, says no ‘fishing and roving’ probe into banksThe Supreme Court clarified the forensic audit's focus is on Fortis Healthcare Holdings Private Limited and the Singh Brothers. This audit ...
- Adani Airport Holdings raises $120 million through local bond issueAdani Airport Holdings successfully conducted a bond sale, raising 10 billion rupees to support its operations. The three-year bonds have a...
- Tata Trusts pitch Tata Sons restructuring as alternative to listingTata Trusts have proposed merging Tata Electronics Systems Solutions and Tata Consulting Engineers with Tata Sons to alter its regulatory c...
- HSBC makes big push for affluent clients in India to fuel growthHSBC Holdings Plc plans to expand its operations in India by increasing its branch network by 35% over the next two years. The bank aims to...
- JSW One files DRHP for Rs 3,054-crore IPOIn a significant move, JSW One Platforms has filed its draft red herring prospectus in preparation for an initial public offering that coul...
- AIIB eyes bigger India water funding push as El Niño threatens dry spellAIIB intends to expand its water sector funding in India, which faces severe drought conditions this monsoon season. The bank is prioritizi...
- AI messaging scam costs Italy's top bank Intesa $108 million: ReportThe scheme, first reported by Corriere della Sera, began in February when then-Fideuram Chairman Paolo Molesini received what appeared to b...
- Banks advise customers to complete essential transactions ahead of 3-day strikePublic sector banks and older generation private banks have issued advisories to customers, urging them to complete essential banking trans...
- Govt evaluating financial bids for IDBI Bank strategic sale: SourcesThe government is evaluating revised financial bids from Fairfax Financial Holdings and Emirates NBD for the proposed sale of a 60.72% stak...
- Axis Bank readies major customer-connect initiative to mark World Tourism DayAxis Bank is set to launch an extensive outreach program across India, spotlighting tourism and hospitality sectors in Goa. The initiative ...
- HDFC Bank shares hit 7-week high as RBI weighs Anup Bagchi for CEO post. What lies ahead?HDFC Bank shares rose to a nearly seven-week high of Rs 749.30, extending gains to 5% over three sessions, after ET reported that the RBI i...
- Banks plan to align norms for project finance lendingBanks are developing a common framework for project finance lending. This initiative aims to curb regulatory arbitrage and operational misa...
- Apple Pay set for India launch next month with Axis Bank credit cards: ReportApple is set to launch Apple Pay in India next month, debuting with Axis Bank's credit card integration. Talks with prominent banks like HD...
- World Bank mobilises $112 billion in private capital for developing nationsThe World Bank mobilised $112 billion in private capital for developing nations last year. This significant increase reflects a strategic s...
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