SBI Q3 results: SBI Q3 results: PAT down 35% at Rs 9,164 crore
Leading public sector lender State Bank of India (SBI) reported a standalone net profit of Rs 9,164 crore which was down by over 35% from 14,205.34 crore reported by the …
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Tata Capital: Tata Capital soars in unlisted market on IPO hopes
Mumbai: Tata Capital is now valued at ₹1.5 lakh crore on the platform for unlisted stocks, making the mutual fund and lending arm of India’s most valuable conglomerate the third …
Axis Bank Q2 earnings stable but headwinds to deposit growth remain. Should you buy?
Top foreign and domestic brokerages remain optimistic about the prospects of Axis Bank as the lender delivered stable September quarter results with robust asset quality. In their post-earnings review, Jefferies, …
PNB Housing: Omkara ARC buys Joyous’ Rs 784-crore PNB Housing loan
Mumbai: Omkara ARC has acquired ₹784-crore loan outstanding from PNB Housing Finance of Joyous Housing Limited. The transaction happened at par and helped the mortgage lender in resolving a significant …
SBI: SBI raises Rs 10,000 cr via 15-year infra bonds, demand robust
Mumbai: State Bank of India on Monday concluded the sale of ₹10,000 crore worth of infrastructure bonds amid robust demand from investors. The country’s largest lender may opt for the …
M&M: M&M looking to own nearly 10% in RBL Bank
Mumbai: Mahindra & Mahindra (M&M), with interest in businesses as diverse as automotive, technology services and non-bank lending, is set to expand its footprint into formal banking, having decided to …
HDFC Bank: HDFC Bank becomes world’s 7th largest lender post merger
The merged entity of HDFC Bank and HDFC became the world’s seventh-most-valuable bank with its market capitalisation soaring to $154 billion, or Rs 12.66 lakh crore, on Monday. The market …