Banks

Bank of India to issue bonds worth up to Rs 2,000 cr today; allotment on September 15 Bidding for the bonds will take place on September 13 between 10 AM and 12 PM on the electronic bidding platform of the National Stock Exchange of India.…

India’s growth to moderate in third quarter: Fitch report Fitch has forecast a lower consumer spending growth forecast of 5.1 per cent this year as against 7.5 per cent last year. Fitch Ratings on Thursday said the pace of India’s…

Reserve Bank of India's liquidity withdrawal pushes bank CD issuances to 3-month high Synopsis Banks raised over 350 billion rupees ($4.24 billion) via CDs in the fortnight ended Aug. 25, data from CCIL's F-Trac platform showed. That is…

Banking liquidity enters deficit for first time in nearly 5 months Indian banking system liquidity slipped into a deficit for the first time since end-March, as the Reserve Bank of India's (RBI) temporary liquidity withdrawal and tax…

Hot Stocks | Bank of India, Tata Communications, Union Bank may deliver 11-19% return in short term Traders should cut their short positions if Nifty surpasses 19,650 resistance. On August 14, the Nifty went to hit a low of 19,257 in…

Top headlines: MPC meet expectations, Data bill compliance timelines, more RBI MPC: Repo rate decision by Governor Das today; here's what to expect The Reserve Bank of India's (RBI's) six-member monetary policy committee (MPC) is…

Indian private credit funds rush to fill gap left by banks A growing number of Indian alternative investment funds are expanding their private credit business, filling a void left by banks and non-bank lenders and mirroring a pick-up in…

Monetary policy: Why is RBI likely to maintain status quo? While there’re concerns over higher consumer price index (CPI) inflation, driven by an increase in prices of vegetables and pulses, the central bank may continue with its policy…

SBI posts highest-ever quarterly profit, expects to maintain credit growth at 14-16% in FY24 SBI’s asset quality improved, with gross non-performing assets (NPAs) declining to 2.76 per cent from 3.91 per cent. The country’s largest…

Hot Stocks | Kalyani Steels, Voltamp Transformers, Bank of India may deliver up to 20% NSE Smallcap Index is in full momentum and we expect it to register new all-time high above 12,047 and go beyond in the near term. The Nifty recorded…