Building strong buffer to guard against asset quality shocks
* Bandhan reported PAT of Rs5.5bn, lower than our estimate of Rs6.7bn, mainly due to proactive Covid-19 p..
Profit beats estimates; need to build higher Covid provision cover
* Federal Bank reported PAT of Rs4bn, beating estimates of Rs3bn, led by stable margins, higher tre..
By Swati Bhat
MUMBAI - India's worsening economic outlook as coronavirus cases soar has raised the chance the central bank will cut interest rates at its policy re..
A washout quarter
COVID-19 disrupted real economic activity in April and May. These disruptions, coupled with an already weak credit demand, has impacted asset growth..
By Chandini Monnappa
BENGALURU - Indian shares rose over 1% on Tuesday, driven by a nearly 6% jump in HDFC Bank Ltd after the central bank approved the appointme..
By Chris Thomas
BENGALURU - India's top private-sector lender HDFC Bank Ltd has received the approval to name insider Sashidhar Jagdishan its chief executive offic..
Attractive valuation; Concerns on asset quality
City Union Bank Ltd (CUB), the oldest private sector bank in India, is a mid-sized commercial bank headquartered at Ta..
Credit ratings agency Moody's Investors Service has upgraded Yes Bank's long-term foreign currency issuer rating to 'B3' from 'Caa1' after the ban..
The Reserve Bank is expected to administer another dose of lending rate cuts to boost the revival process from the Covid-19-induced economic downturn.
Economists and i..
Bandhan Financial Holdings Limited has lowered its stake in Bandhan Bank by 20.95 per cent through a block deal to meet the Reserve Bank of India's (RBI) licensing no..
Six years after the launch of the Pradhan Mantri Jan Dhan Yojana (PMJDY), there are over 40 crore beneficiaries of the scheme, according to government data.
ICICI Bank has reduced its marginal cost of funds-based lending rates (MCLR) by 10 basis points across tenors with effect from August 1.
Post the cut, EMIs on the loan..
Accelya Solutions In Q4 net profit up 32.35% at Rs 24.71 cr
US dollar rises after Fed policy meeting
Rupee rises by 12 paise to Rs 69.05 against dollar
Headwinds recede for Tata Motors, but it is not out of the woods just yet
Infosys signs agreement with U.S. IRS; sees lower tax rate
Daily Market Commentary 05 August 2020 by Mr. Siddhartha Khemka, Motilal Oswal
Quote on 1QFY21 results of Hawkins Cookers Ltd by Amarjeet Maurya, Angel Broking
Intellect Design Arena Ltd posts Q1 net profit of Rs 38.94 cr
VIP Industries Ltd posts Q1 net loss of Rs 41.67 cr
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