LiveHDFC Bank Sought Loan Details by Reserve Bank
HDFC Bank has been asked to provide details of an internal investigation into allegations of improper lending practices in its vehicle-financing operation, said people familiar with...
Category : BUSINESS
Axis Bank Picks Arrangers for $1.3 Billion Share Sale
Axis Bank Ltd., India’s third-largest private sector lender, has picked advisers including BNP Paribas SA and Credit Suisse Group AG to manage its proposed share...
Wipro to Launch 5G Edge Services Solutions with IBM Tech
IT services major, Wipro Limited has announced on Thursday that it will launch its 5G edge services solutions suite, built with IBM TRIRIGA and IBM Edge Application Manager, as a...
ICICI Securities PAT Jumps 70% to Rs 193 Crore in Q1 FY21
ICICI Securities share prices have jumped 4% in the morning trade on July 23, as it has reported a rise of 70% in Profit After Tax...
M&M Financial Services Surges On Fixing Record Date For Rights Issue
Mahindra and Mahindra (M&M)’s shares surged as much as 15 per cent to hit an intraday high of Rs 159.50 on the BSE after the company...
Airtel Partners with NSDC to Train Rural Areas on Financial Services
Airtel partners with National Skill Corporation (NSDC) to train and skill the rural youth on financial services, aims at designing and conducting targeted skill development...
SBI Life Insurance Net Profit Rises by 5% to Rs 390 Cr in Q1 FY21
SBI Life Insurance on Tuesday, reported a 5% year-on-year (YoY) increase in the net profit of Rs 390.89 crore for the June quarter. It had reported...
SpiceJet Acquihires Lxigo B2B Arm Travenues
India’s second-largest airline by passengers, SpiceJet has acquired Travenues, a Bengaluru-based airline technology company subsidiary of online travel startup Ixigo which builds e-commerce products for airlines.As per the deal, SpiceJet...
Axis Bank Net Profit Drops by 19% in Q1 Results
Axis Bank on Tuesday reported a 31.29% YoY drop in profit before tax for the April-June quarter on the higher provisions booked in the current quarter....
HDFC: Strong Earnings See Brokerage Raise in Target Price
Within the June quarter, HDFC Bank’s 1QFY21 saw strong results in view of interferences caused by Covid-19, while management commentary on assets across verticals was...