Analysts believe that the truer impact of Covid-19 as regards NPAs could be visible in the quarter even as banks may be tempted to remain prudent due to the second wave of coronavirus
Stocks like SBI and Bank of Baroda can expect a surge of over 5 per cent in coming sessions.
India's largest private sector lender said in a regulatory filing its domestic retail loans in Q4FY21 grew by 7.5% YoY
Vent frustration on social media; bank has faced similar issues in the past
Trai said the enforcement of its regulations was vital because the delivery of non-compliant messages allowed fraudulent miscreants to conveniently misuse the message delivery
The norms require bonafide entities sending commercial text messages to register message header and templates with telecom operators
HDFC Bank's MSME book grew 30 per cent year-on-year to cross the Rs 2-trillion-mark as of December-end, mainly boosted by the pandemic-induced ECLG scheme under which it disbursed over Rs 23,000 crore
Most large MFs remained underweight on banking and overweight on capital goods
Retail loan growth at 9.1 per cent for February 12 fortnight is the weakest so far; Nifty Bank index is up 60 per cent in six months
Experts don't see further cuts boosting demand, with rates already at record lows
Tata group floats a company for retail payment systems biz
RIL, in a late night filing, said that it has begun the process of carving out the O2C business into an independent subsidiary
Matter pertains to BRH Wealth Kreators share-pledge fiasco; SAT cites lender's financial strength while asserting it won't run away or become insolvent
The Nifty Bank index, which was the top performing index on the National Stock Exchange (NSE), jumped nearly 730 points, or 2 per cent, in the intra-day deals to hit a new 36,837 levels
YES Bank faces greater asset risks than its peers, although its capitalisation, liquidity and funding have improved
The bank will be focusing on start-ups in the education (edtech) and skill development sector this year for the grant
In December last year, irked at the repeated service outages, the RBI asked the lender to temporarily halt all its digital launches as well as new sourcing of credit card customers
SBI, the top gainer among the Sensex stocks, was up 8 per cent to Rs 337 at 02:25 pm, surpassing its previous high of Rs 332 touched on February 2, 2020
RBI appoints external firm to audit HDFC Bank's IT infra in view of service outages
The NSE Nifty 50 index rose 2.14% to 14,586.55 by 0352 GMT, while the benchmark S&P BSE Sensex was up 2.1% at 49,621.80