Tag: hdfc bank
SBI’s CS Setty backs another wave of PSU bank mergers| Business News
State Bank of India is supportive of another wave of mergers among public sector banks as policymakers explore ways to build scale and finance growth…
Pine Labs IPO Day 3: Weak GMP, tepid subscription demand. Should you apply?
Fintech company Pine Labs is in the final day of its Rs 3,900 crore initial public offering (IPO), but investor enthusiasm appears to be waning….
Wedding season boom set to drive Q3FY26 growth after festive spending spree
New Delhi: The economy will be powered in the third quarter by a booming marriage season, on the heels of record festive consumption buoyed by…
Jio Platforms IPO valuation seen at a record $170 billion by investment bankers| Business News
Investment bankers are proposing a valuation of as much as $170 billion for Jio Platforms Ltd., according to people familiar with the matter, ahead of…
Why HDFC Bank, ICICI Bank shares are moving in opposing directions after quarterly results| Business News
Shares of HDFC Bank Ltd. and ICICI Bank Ltd. moved in opposing directors after India’s two largest lenders declared their quarterly results. HDFC Bank clocked…
Sensex, Nifty 50 open 0.8% higher on Diwali cheer, bank results| Business News
India’s stock market opened higher today on better-than-expected bank earnings and positive global cues on easing US-China trade tensions. The National Stock Exchange building in…
Revenue up 5%, net profit up 11% as asset quality improves| Business News
HDFC Bank Ltd. saw its topline grow in the second quarter of the ongoing fiscal as asset quality improved for India’s largest private lender. While…
India’s retail inflation falls to 8-year low in September
New Delhi: India’s retail inflation eased to 1.5% year-on-year in September, lowest since June 2017, driven primarily by a decline in food prices, official data…
Trump and tariffs could decide the course of RBI rate revision
MUMBAI: Low inflation has stepped up expectations of rate cuts, but their size and timing hinge on growth trends, with the impending trade deal between…
Inflation’s ways give room for a rate cut, but RBI may not do it
India’s inflation environment remains benign as reinforced by the latest Consumer Price Index (CPI) print, providing space for potential monetary easing. However, most economists, including…