HDFC Bank faces a US class-action lawsuit filed on August 13 in New York, alleging it violated securities laws by disguising extra interest payments as sponsorship to induce deposits from Maharashtra State…
The Economic Advisory Council to the Prime Minister has recommended consolidating Indian banks into a smaller number of equal-sized lenders without reducing competition. In a paper released Tuesday night, the council noted…
Indian stock markets face a tug-of-war between supportive corporate earnings and near-term volatility from rising geopolitical tensions and crude oil prices. Aditya Agarwal, Head of Investment at Coheron Wealth, said investors should…
Public sector banks are more efficient than private and foreign banks, a working paper by the Economic Advisory Council to the Prime Minister (EAC-PM) has found. The paper, authored by EAC-PM part-time…
India's credit-card issuers added a net 1.26 million cards in July, an 11.5% increase over June, according to RBI data reported by the Economic Times. Total outstanding cards rose to 122.9 million.…
Stashfin, CRED, super.money, CheQ and PayZapp are among the top credit card bill payment apps that charge low or zero convenience fees. Stashfin charges zero convenience fee and supports payments for over…
Coheron Wealth के आदित्य अग्रवाल ने बिजनेस टुडे को बताया कि HDFC Bank के शेयर में अगले कुछ हफ्तों तक बड़ा ब्रेकआउट मुश्किल है। शेयर 200-दिन के मूविंग एवरेज के नीचे कारोबार…
The National Company Law Tribunal (NCLT) has approved a repayment plan by Zee group founder Subhash Chandra to pay creditors just ₹6.5 crore against admitted claims of ₹22,006.57 crore, a recovery of…
India's economic growth likely slowed to 7.1% in the April-June quarter, according to a Reuters poll of 58 economists, down from 7.8% in the previous quarter. Business Standard reports the slowdown reflects…
Banks in Kerala and Andhra Pradesh are closed on Tuesday, 25 August, for First Onam and Milad-un-Nabi, according to the RBI holiday calendar. On Wednesday, 26 August, banks in 14 states including…
