On Monday, October 24, Prime Minister Narendra Modi dedicated 75 Digital Banking Units (DBUs) in as many districts throughout the nation to commemorate and honour India's 75th year of independence. As....Continue Reading

After the bank reported solid earnings for the second quarter ending September 2022 or Q2 FY23, shares of ICICI Bank continued to rise, reaching a new record high of 942.7 per....Continue Reading

After the institution announced yet another quarter of solid profitability and loan growth on October 21, shares of ICICI Bank rose during the special one-hour muhurat trading session. The private sector....Continue Reading

The international brokerage company Jefferies kept its buy rating on RIL and Laurus Labs, while Morgan Stanley kept its underweight rating on RBL Bank, HSBC kept its hold recommendation on Kotak....Continue Reading

On October 22, ICICI Bank, the second-largest private sector lender in the nation, reported enormous year-over-year gains in standalone profit of 37 percent and net interest income of 26.5 percent, along....Continue Reading

On Saturday, Kotak Mahindra and announced a 27% year over year (YoY) increase in net profit for the September quarter, coming in at 2,580.68 crore. In the same period last year,....Continue Reading

On account of higher provisions, Yes Bank on Saturday announced a 32% fall in standalone net profit for the September quarter of 2022, coming in at 152.82 crore. For the same....Continue Reading

On October 22, midcap private sector lender RBL Bank announced a standalone profit for the September quarter of FY23 of Rs 201.55 crore, an increase of 6.5 times over the same....Continue Reading

The "Amrit Mahotsav FD" is a new holiday fixed deposit programme from IDBI Bank. Increased interest rates are being offered by the bank on deposits made through the programme. In accordance....Continue Reading

According to a study by Motilal Oswal on Friday, the banking sector recorded a net decline of 290,000 credit cards in September as a result of RBI recommendations on the closure....Continue Reading

According to Bloomberg News, India wants to sell its stake in state-owned IDBI Bank Ltd. for about 640 billion rupees ($7.73 billion), as part of the government's stake-sale in the firm.....Continue Reading

Axis Bank shares increased to a new all-time high of $879.85 per share on the NSE, surpassing the previous high of 866.90 per share set on October 25, 2022. Axis Bank....Continue Reading

For years, Indian investors have been preoccupied with the amount of money that foreigners bring into Indian markets. Indians are increasingly beginning to invest abroad. According to RBI data, Indians invested....Continue Reading