Powered by: Motilal Oswal

News

Axis Bank gains on entering into partnership with Airtel Payments Bank Axis Bank is currently trading at Rs. 635.95, up by 10.15 points or 1.62% from its previous closing of Rs. 625.80 on the BSE. The scrip opened at Rs. 622.30 and has touched a high and low of Rs. 639.40 and Rs. 622.30 respectively. So far 137391 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 866.60 on 25-Oct-2021 and a 52 week low of Rs. 618.10 on 23-Jun-2022. Last one week high and low of the scrip stood at Rs....
Axis Bank gains on entering into partnership with Airtel Payments Bank
Axis Bank gains on entering into partnership with Airtel Payments Bank
Source: Accord Fintech
30/06/2022 2:14:26 PM
Bharti Airtel rises after its subsidiary gets scheduled bank status from RBI Bharti Airtel is currently trading at Rs. 698.85, up by 1.65 points or 0.24% from its previous closing of Rs. 697.20 on the BSE. The scrip opened at Rs. 702.90 and has touched a high and low of Rs. 702.90 and Rs. 691.85 respectively. So far 47149 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 781.90 on 24-Nov-2021 and a 52 week low of Rs. 490.36 on 25-Mar-2021. Last one week high and low of the scrip stood at R...
Bharti Airtel rises after its subsidiary gets scheduled bank status from RBI
Bharti Airtel rises after its subsidiary gets scheduled bank status from RBI
Source: Accord Fintech
5/01/2022 12:56:49 PM
Airtel Payments Bank receives 'Scheduled Bank' status from RBI Airtel Payments Bank said on Tuesday that it has been categorised as a ‘Scheduled Bank by the Reserve Bank of India. The new status will allow Airtel Payments bank to pitch for government-issued ‘Requests for Proposals' (RFPs) and primary auctions and undertake both Central and state government business besides participating in government-operated welfare schemes. "This status is an important milestone in our growth journey and will further reinforce the trust our c...
Airtel Payments Bank receives 'Scheduled Bank' status from RBI
Airtel Payments Bank receives 'Scheduled Bank' status from RBI
Source: IANS
5/01/2022 9:03:09 AM
Key News - India Inc, Airtel Payments Bank, RBL Bank Ltd, IL&FS Infrastructure Investment Trust By ARETE Securities Key News India Inc raises over Rs 9-trn through equity, debt issuances in 2021 Indian companies have mopped up more than Rs 9 trillion through equity and debt routes in 2021 to meet their renewed thirst for business expansion in a buoyant stock market brimming with liquidity and helped by recovering macroeconomic indicators after pandemic-ravaged first few months. Unless the still-evolving Omicron situation plays spoilsport, the next year is expected to be much more robust in terms of f...
Key News - India Inc, Airtel Payments Bank, RBL Bank Ltd, IL&FS Infrastructure Investment Trust By ARETE Securities
Key News - India Inc, Airtel Payments Bank, RBL Bank Ltd, IL&FS Infrastructure Investment Trust By ARETE Securities
Source: ARETE Securities Ltd
27/12/2021 9:32:50 AM
Kotak Mahindra Bank to sell 8.5% stake in Airtel Payments Bank to Bharti Enterprises Kotak Mahindra Bank will sell 20 crore shares in Airtel Payments Bank Ltd amounting to 8.57 per cent stake to Bharti Enterprises for around Rs 294 crore. Kotak Mahindra Bank Limited has executed a share purchase agreement for the sale, the bank said in a regulatory filing. It said that the shares were acquired for an aggregated consideration of Rs 200 crore invested in tranches during calendar years 2016 and 2017. The cash consideration for the share sale would be equal to or higher ...
Kotak Mahindra Bank to sell 8.5% stake in Airtel Payments Bank to Bharti Enterprises
Kotak Mahindra Bank to sell 8.5% stake in Airtel Payments Bank to Bharti Enterprises
Source: IANS
31/08/2021 3:13:16 PM
Rising yield curve could weigh down on banks' profitability: Ind-Ra  The expected pressure on long-term yield curve triggered by rising inflation trend could impact the profitability of the Indian banking system. Accordingly, a 100 basis points (bp) upward shift in the yield curve could impact the pre-provisioning operating profit (PPOP) of public sector banks (PSBs) by 8 per cent and that of private banks by 3.2 per cent; for the overall banking system, the impact could be 5.8 per cent. "The 100bp movement in the yield curve would impact the ...
Rising yield curve could weigh down on banks' profitability: Ind-Ra
Rising yield curve could weigh down on banks' profitability: Ind-Ra
Source: IANS
21/07/2021 5:04:22 PM
Airtel Payments Bank`s digital platform to invest in gold As part of its growing digital services, Airtel Payments Bank on Thursday launched a digital platform -- DigiGold -- for customers to make investments in gold, in partnership with digital gold provider SafeGold. With DigiGold, Airtel Payments Bank's savings account customers can invest in 24K gold using the Airtel Thanks app. Customers can also gift DigiGold to their family and friends, who have a savings account with the Airtel Payments Bank. "DigiGold is the latest addition t...
Airtel Payments Bank`s digital platform to invest in gold
Airtel Payments Bank`s digital platform to invest in gold
Source: IANS
14/05/2021 4:55:21 PM
Airtel Payments Bank increases day-end balance limit to Rs 2 lakh In line with the Reserve Bank of India's (RBI) guidelines, Airtel Payments Bank on Sunday announced that it has become the first payments bank in the country to enable Rs 2 lakh day-end balance account limit. The bank has increased the day-end balance limit to Rs 2 lakh from Rs 1 lakh. "The RBI's decision to increase the balance limit is an endorsement of the role Payments Banks have in furthering financial and digital inclusion in India. We are glad to enable this increase...
Airtel Payments Bank increases day-end balance limit to Rs 2 lakh
Airtel Payments Bank increases day-end balance limit to Rs 2 lakh
Source: IANS
19/04/2021 9:30:40 AM