The roll-out of planning cycle (2020-2023) with a strategy of "scale with sustainability" was postponed by a couple of quarters due to the pandemic
Other income declined by eight per cent to Rs 1,646 crore in Q3 of FY21 from Rs 1,790 crore in Q3 of FY20.
Both the benchmarks have erased around 5 per cent during the week
Larsen and Toubro is expected to report a strong sequential rebound in performance in Q3FY21 on the back of a healthy order inflow across verticals
The government will sell up to 10% stake in SAIL via OFS on January 14-15
Little leeway on pricing and asset quality at a tricky level could places both segments in a tight spot
Analysts at BofA Securities have upgraded Axis Bank, IndusInd Bank, and State Bank of India (SBI) on a "surprisingly" resilient asset quality outlook, and reasonable valuations
Nifty Bank has outperformed the benchmarks so far this month. The overall broader structure is hinting at a fresh new high in the January series and as long as it sustains above 31,550 levels
If Nifty again slide below 13,626, we may see some corrective move in the concluding week of the current calendar year
Strong growth is expected to counter the likely asset quality issues
New deadline set at Feb 4, 2021, by which time Hindujas must bring in Rs 2,021.45 crore towards subscription
Positive management outlook post Q2 results has tempted analysts to upgrade their rating
Betting on pure-play MFI players such as CreditAccess Grameen and Spandana Sphoothy may be safer compered to MFI-oriented banks
Online service 'Smart Finance' to cover 30 cities, Company says this will result in improvement of enquiry to sales conversion
Rehauling of business strategy is presently underway; set to approach the RBI for banking license once final guidelines is released
The Sensex rose 1.15 per cent, or 506 points, to end at 44,655, while the Nifty added 1.1 per cent, or 140 points to close at 13,109
Shares of IndusInd Bank have surged 47% in November - third-most among Nifty companies
A listed company enters the list when the available legroom for overseas investment is less than 3 per cent of the permissible limit
The stock was up 5% at Rs 777.80, trading at its highest level since March 13, 2020.
In the past week, the S&P BSE Finance index has rallied 10 per cent, against a 5 per cent gain in S&P BSE Sensex.