SBI Joins Rs 5 Trillion Market Cap Club, Shares Up 26% in 3 Months
Public lender State Bank of India (SBI), whose market capitalisation hit an all-time high of Rs 564.45 on Wednesday, rose 1% in insider trading, hitting...
Tag : HDFC Bank
Govt Appoints 5 Commercial Bankers to Sell Remaining Stake in Hindustan Zinc
The government is seeking to dilute its remaining 29.5% stake in Hindustan Zinc this financial year, CNBC TV-18 reported on September 12. ICICI Securities, Axis...
Sensex Rises Above 60,000 as Investors Digest Hawkish Central Banks
Global markets strengthened as investors digested hawkish comments from the Federal Reserve and the European Central Bank’s biggest-ever key interest rate hike, with India’s stock...
HDFC Bank Hikes MCLR Rates by 10Bps to 8.2%
On Wednesday, HDFC Bank raised the marginal cost of the funds-based lending rate (MCLR) by ten basis points to 8.2%. This is the bank’s fifth...
Sensex And Nifty50 Widen Their Gap on Back of Financials, IT And FMCG Stocks
India’s stock market benchmark rose for the first time on Thursday after it began tracking strength in global markets, as investors ignored price pressures cited...
HDFC Bank, SBI Plan to Raise Rs 10,000 Crore Via AT-1 Bond This Week
The Economic Times reported on September 5, citing people familiar with the matter, that banking giants HDFC Bank and State Bank of India (SBI) plan...
Market Watchers Attribute Sensex Up 1,564 Points to FPI Buying
Indian shares rose 2.5% on Tuesday, recovering all losses from the previous day, on strong buying from overseas investors. The BSE Sensex gained 1,564 points...
Kotak Mahindra Bank Reports 5,278 Fraud Cases in Q1FY22-23, SBI 9 Only
According to the Reserve Bank of India (RBI) data, Leading private sector lender Kotak Mahindra Bank recorded as many as 5,278 fraud cases in Q1FY22-23...
Bajaj Finance and Adani Transmission Exclude LIC from 10 Most Valuable Companies
Life Insurance Corporation of India, placed in India’s top 10 companies by market capitalisation, was replaced by Bajaj Finance and Adani Transmission, both of which...
RBI’s Surplus Falls Below Rs 1 Trillion as Liquidity Shrinks
A combination of factors, including Reserve Bank of India (RBI) intervention in foreign exchange markets and strong demand for credit, contributed to a significant reduction...