Wed, Nov 29, 2023
The risk for investors lies in the rich valuations of these banks. HDFC and ICICI trade at a price-to-book (P/B) ratio, a metric that compares stock price with underlying assets, of 3, while Axis trades at 2.3 and BCA at 5.
Sun, Nov 26, 2023
The market valuation of ITC was down Rs 1,808.36 crore to Rs 5,46,000.07 crore, while that of Infosys dipped Rs 290.53 crore to Rs 5,96,391.22 crore.
Sun, Nov 12, 2023
ICICI Bank added Rs 3,520.92 crore taking its market valuation to Rs 6,57,563.38 crore.
Mon, Dec 11, 2017
Disclaimer: This story is for informational purposes only and should not be taken as investment advice.
Wed, Dec 06, 2017
The wider Nifty hit a low of 10,033.35 before finishing at 10,044.10, down 74.15 points or 0.73 per cent. It had touched a high of 10,104.20 in early trade.
Sun, Dec 03, 2017
After clocking just under 10% growth for almost a year, credit expansion fell to under 5% starting November 2016. Since then it has been struggling to cross the double digit mark on sustained basis due to the impact of demonetisation and the implementation of Goods and Services Tax (GST).
Sun, Nov 26, 2017
Both deposit and lending rates probably have bottomed out and further tinkering in rates by banks unlikely in the immediate future, he said.
Barring Tata Consultancy Services (TCS), SBI and HUL, rest seven companies, including HDFC Bank and ITC saw addition in their market capitalisation (m-cap) for the week ended Friday.
Fri, Nov 17, 2017
The latest actions follow the upgrade of the India's local and foreign currency issuer ratings to Baa2 from Baa3
Sun, Nov 12, 2017
While Reliance Industries Ltd (RIL), HDFC Ltd, ITC, HDFC Bank, Maruti Suzuki India and ONGC suffered losses in their market capitalisation (m-cap) for the week ended Friday, TCS, HUL, Infosys and State Bank of India (SBI) saw a jump in their valuation.
Tue, Nov 07, 2017
Private lender HDFC Bank today announced its decision to launch SmartUp Zones in over 65 branches in 30 cities across the country where specially trained bank staff will offer tailor-made banking and advisory solutions to entrepreneurs.
Mon, Nov 06, 2017
According to the revised fees and charges for savings and salary accounts, customers will not have to pay any charge for doing online transactions through Real Time Gross Settlement (RTGS) and the National Electronics Funds Transfer (NEFT) from November 1, 2017.
Tue, Oct 24, 2017
Net profit rose to Rs 4,151 crore ($634 million) in the three months ended September 30, from 3,455 crore a year earlier.
Fri, Sep 22, 2017
E-commerce platform has been flooded with mega sales. To push sales further, the marketplaces are coming up with new payment options. One such new option is EMIs on debit cards.
Tue, Sep 05, 2017
SBI Intelligent Assistant - is a chatbot which answers retail product related queries for its customers.
Mon, Sep 04, 2017
As per the framework, RBI has to disclose the names of banks designated as D-SIBs every year in August starting from 2015 and place these banks in appropriate buckets depending upon their Systemic Importance Scores (SISs).
Thu, Aug 17, 2017
Customers having balance account below Rs 50 lakh will earn interest rates the new interest rate of 3.50% per annum - a 50 basis points cut from previous rate.
Mon, Aug 14, 2017
On the back of double-digit and two-year forward earnings growth, there are 14 "mega stocks" dominated by private sector financials and consumer discretionary, which will outperform the markets in coming three years, a Morgan Stanley report said.
Thu, Aug 10, 2017
Amazon India is offering cashback options for shoppers on its website, mobile app and its e-wallet.
Mon, Jul 24, 2017
The bank reported net profit of Rs 3,893.84 crore, growing by 20.22% compared to Rs 3,238.91 crore in the corresponding period of the previous year. On qoq basis, earnings saw decline.
Wed, Jun 21, 2017
"Asia is the home of Active. From Alibaba to Yili, Alps to Maruti, we go back to first principles on our differentiated, liquid and idiosyncratic stock ideas in Asia", Goldman Sachs said in Asia Stock Collection report.
Thu, Jun 08, 2017
UPI distinguished itself from other digital payment mode because of its no charges from banks, one-touch.
Wed, May 31, 2017
Bankers have also requested the regulator to allow them to extend repayment schedule and reduce rate of interest under the scheme. These are not allowed in the exiting S4A guidelines.
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