Household savings are on the rise during the pandemic as discretionary spending wears out with a shift towards bank deposits, small savings and mutual funds, analysts said. This trend is already visi...

Equity benchmark Sensex plunged over 300 pts in early trade on Friday tracking losses in financial stocks amid global equity selloff. The 30-share BSE Sensex was trading 307.31 points, or 0.81 per ce...

Equity benchmark Sensex jumped 269 points on Thursday, led by gains in index heavyweight Reliance Industries, ICICI Bank and Kotak Bank amid hopes of fresh government stimulus to support the economy. ...

Banks may be staring at falling fee-based income in the June quarter as the Covid-19 pandemic has affected new loan applications and the sale of third-party products. Fee income occupies a major chun...

Equity benchmarks Sensex and Nifty started on a positive note on Monday, driven by gains in financial and IT shares. The BSE Sensex jumped 238.75 points or 0.64 per cent to trade at 37,258.89; and th...

It may be a toss-up between Sashidhar Jagdishan and Kaizad M. Bharucha to fill in the boots of Aditya Puri at HDFC Bank if one were to go by the hints dropped by Puri about an insider assuming the man...

HDFC Bank on Saturday missed analysts estimates when it reported a 19.58 per cent rise in net profit for the June quarter of 2020. The country’s largest private sector lender also warned of high...

Equity benchmark Sensex dropped over 300 points in early trade on Tuesday, dragged by losses in financial stocks amid selloff in global markets. After touching a low of 36,339.07, the 30-share BSE Se...

The absence of People’s Bank of China (PBOC), from the list of shareholders at HDFC has raised questions on whether the Chinese central bank continues to be an investor in the country’s la...

The controversial Additional Tier-1 (AT1) bonds or perpetual bonds issued by banks that turned into a hot potato after March seem to be making a comeback as at least three banks have proposed to use t...