SBI's market capitalisation on Friday stood at a low Rs 2.95 trillion, which is just about 42% of private sector HDFC Bank's Rs 7.02 trillion
I think a lot of NBFCs are still struggling for liquidity and have been meeting the liability requirement by selling loans, says Keki Mistry
Net interest income up 17%, PBT grows 30% and PAT jumps 61%; management still cautious about wholesale book
According to estimates by Narnolia Securities, the sale of GRUH Finance is expected to have generated around Rs 1,700 crore as at Q2FY20, providing "sufficient liquidity" to the HFC.
The market valuation of Tata Consultancy Services (TCS) jumped Rs 28,893.36 crore to Rs 8.27 trillion
9.89% stake of the total share capital of Bandhan Bank has been alloted to HDFC Ltd
Weekly Technical Recommendations by Religare Broking Ltd.
Firm provides nearly Rs 25 crore on Essel group debentures in books
The company's net profit in the year-ago period stood at Rs 286.98 crore
Plans to build homes in the Rs 10 lakh to Rs 20 lakh category on the peripheries of large and tier II cities
New rates will now range between 8.25 per cent and 8.65 per cent and the change will benefit all existing customers
He said trust and confidence were the backbone of any financial system and one should never underestimate the power of ethics and values
From Forever 21 filing for bankruptcy to core sector output declining by 0.5%, here are the top 10 business headlines on Tuesday
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The market cap of TCS dropped Rs 21,125.9 crore to Rs 8,03,516.90 crore
HDFC offloaded 64.7 million equity shares representing 8.8 per cent of total equity of GRUH Finance for worth of Rs 1,599 crore at an average price of Rs 247 per share, the NSE data shows.
NBFCs are unlikely to have it easy anytime soon; if anything, the pain is set to get deeper
Gross NPA ratio slips to 1.47%, worst in five years; incremental cost of funds escalate to 9.2%
She pointed out that developers have been facing cash crunch following the liquidity crisis in the NBFC sector
Shapoorji Pallonji & Company holds a 66% stake in SWS while the rest is held by Khurshed Yazdi Daruvala