Mahindra Finance experiences a 5% decline as the company postpones its earnings meeting due to the discovery of a Rs 150 crore fraud
Mahindra Finance
Mahindra Financial Services saw its stock price tumble by over 7% in early trading on Tuesday and bounce back to 5% negative following...
Stock market live update: Nifty open in green amid gobal market potivity
Stock market live
As days pass and Middle East conflict dilutes the global market moving toward stability.US market Dow Jones Futures traded 0.02% up, Nasdaq...
Reliance Q4 Results:Report indicates a 1.8% decrease in profit to Rs 18,951 crore, alongside the announcement of a Rs 10 dividend.
Reliance Q4 Results:
Reliance Industries Limited (RIL) disclosed a 1.8% year-on-year (Y-o-Y) dip in its consolidated net profit (attributed to the company's owners) for the...
HDFC Q4 FY24 result update: net profit of ₹16,512 crore, with retail loans showing impressive growth of 108.9%.
HDFC Q4 FY24 result update:
On April 20, HDFC Bank announced a net profit of Rs 16,512 crore for the January-March quarter of the fiscal...
RBI imposes monetary penalty on NABFINS Limited, Bengalur
RBI in action:
The Reserve Bank of India (RBI) has, by an order dated April 15, 2024, imposed a monetary penalty of ₹10 lakh (Rupees...
RBI:An external member of the MPC asserts that banks need to enhance the appeal of deposits for retail customers
RBI MPC comment
Banks are urged to improve the attractiveness of deposits for their clientele. They often prioritize raising rates for large corporate deposits, which...
GIC’s 10% stake would be sold by the government during the fiscal year 2025
GIC(General insurance corporation of India):
A senior official informed FE that the government is considering selling a stake of up to 10% in the state-run...
India’s net direct tax collection stands at Rs 19.58 lakh crore, surpassing revised estimates by Rs 13,000 crore
Net Direct Tax
India's net direct tax collections for the fiscal year ending March 2024 experienced a robust increase of 17.7 percent year-on-year, reaching Rs...
Invest in gold progressively to whim ages
Invest in gold
With gold prices reaching a historic high of Rs 73,000 per 10 grams this week, retail investors are advised by experts to...
HDFC Asset Management Company’s Q4 outcomes show a rise in net profit to ₹541 crore, with the announcement of a dividend
HDFC asset management
In the fourth quarter, HDFC Asset Management Company (AMC) revealed a 43.8% increase in its standalone net profit to ₹541 crore. The...
Manappuram Finance plans to secure funds of up to $500 million through external commercial borrowing.
Manappuram Finance
On Friday, gold loan provider Manappuram Finance announced that its board has sanctioned the raising of up to $500 million (approximately Rs 4,100...
The Nasdaq undergoes a precipitous decline of over 2%, solidifying its sixth consecutive day of losses, with Nvidia plummeting by 10%.
The Nasdaq news update
The Nasdaq Composite extended its decline for a sixth consecutive session on Friday, marking its longest losing streak in over a...
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ABB names Christian Nilsson to succeed Timo Ihamuotila as CFO
ABB announced today that it has appointed Christian Nilsson as CFO and member of the Executive Committee effective February 1, 2026. He will succeed...
NPST launches NBBL’s banking connect to enable interoperable internet and mobile banking
NPST, a leading digital banking and payments technology company and a proud member of the NPCI Partner Program, today announced the launch of Banking...
HDB financial services Q2FY26 reports strong growth in AUM and loan book
HDB Financial Services Limited announced its unaudited financial results for the quarter and half year ended September 30, 2025, following a Board meeting held...
22nd Edition Connected Banking Summit – Innovation & Excellence Awards 2025
Theme: Empowering the Future of Banking in the Kingdom: Innovation, Transformation,and GrowthThe International Centre for Strategic Alliances (ICSA) proudly announces the 22nd Edition of...