Wednesday, February 5, 2025

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HDFC Bank intends to divest its entire stake in HDFC Education through the Swiss challenge method.

HDFC Bank intends to divest its entire stake in HDFC Education HDFC Bank, a private sector lender, is aiming to divest its entire holding in...

Finance Minister Sitharaman anticipates that India’s GDP will see growth of 8% or higher in the March quarter and for the fiscal year 2023-2024.

India's GDP update Finance Minister Sitharaman anticipates that India's GDP will see growth of 8% or higher in the March quarter and for the fiscal...

How many times KYC needs to be done? Kotak AMC’s Nilesh Shah vented his frustration

Kotak AMC Nilesh Shah, the managing director of Kotak AMC, vented his frustration with the current Know Your Customer (KYC) process on X platform, previously...

HDFC Bank home loan costlier after increase interest rates by 10 to 15 basis points.

HDFC Bank Home loan HDFC Bank, India's premier private sector lender, has gradually raised its home loan interest rates linked to the repo rate since...

The rupee continues to weaken against the dollar unabated, despite the potential efforts of the RBI to intervene.

The rupee continues to weaken The Indian rupee has been facing a sustained decline against the US dollar in recent trading sessions, raising concerns among...

The Indian stock market surges as FIIs stage a powerful comeback.

Indian Stock Market Update On Thursday, the Indian stock market indices experienced a significant surge, with the main Nifty 50 index surpassing the 22,400 mark,...

IDFC First Bank’ share plunged by 3.5% following the exit of a Warburg Pincus affiliate in a block deal worth Rs. 1,386 crore.

IDFC First Bank share news update IDFC First Bank witnessed a 2.5 percent decline in its shares during the opening trade on March 28, following...

Kotak mahindra bank Acquires 100% stake in Sonata Finanace

Kotak mahindra bank acquisition Kotak Mahindra Bank has declared the accomplished procurement of Sonata Finance Private Limited ("Sonata"). This acquisition, solidified today for an approximate...

Bajaj finserv and bajaj finanace share price surge 4.5% in bull maket

Bajaj finserv and bajaj finanace share price Nifty50 opened at 22,186.60 against its previous close of 22,147.75 and touched its intraday high of 22370.55. Around...

Emkay Global Financial report suggests that there will likely be a moderation in overall credit growth due to regulatory measures.

Emkay Global Financial reports about credit growth of banks Emkay Global Financial Services anticipates a deceleration in the credit growth rate to 12-14% year-on-year (YoY)...

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Mahindra Manulife Mutual Fund announces the launch of Mahindra Manulife Value Fund

Mahindra Manulife Mutual Fund, a joint venture between Mahindra & Mahindra Financial Services Limited ("Mahindra Finance") and Manulife Investment Management (Singapore) Pte. Ltd., has...

MobiKwik reports total income of INR 9,140 Mn for nine months of FY25, surpassing full-year FY24 income

One MobiKwik Systems Ltd. India’s largest digital wallet, today announced earnings results (standalone and consolidated) for nine months ended December 31st, 2024, and third...

SCOR: January 2025 P&C reinsurance renewals results

In line with its Forward 2026 strategic plan, SCOR continues to grow its P&C preferred lines while maintaining a strong underwriting discipline. During...

UBS reports 4Q24 net profit of USD 0.8bn and FY24 net profit of USD 5.1bn; proposes USD 0.90 dividend per share

UBS Group AG has announced its financial results for the fourth quarter and full year of 2024, showcasing significant growth in profitability. The Swiss...