Goldman Sachs initiates coverage on 14 Indian banks
Goldman Sachs has initiated coverage on 14 Indian banks, assigning Buy ratings on six: HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, IndusInd Bank, and State Bank of India. It gave…
Goldman Sachs has initiated coverage on 14 Indian banks, assigning Buy ratings on six: HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, IndusInd Bank, and State Bank of India. It gave…
HDFC Bank has pulled the Nifty down by 915 points this year alone, making it the single biggest drag on the index. As many as 59 mutual funds holding a combined Rs…
Indian benchmark indices opened flat to marginally higher on August 21, with the Sensex edging up 54 points to 77,592 and the Nifty climbing 17 points to 24,249. The gains came despite…
State-backed lenders offer the lowest home loan rates, with Bank of Maharashtra and Central Bank of India starting at 7.00%, according to data from Paisabazar as of 19 August 2026. On a…
Indian banks could face diverging provisioning costs as they prepare for the Reserve Bank of India's expected credit loss (ECL) framework, effective April 1, 2027. Lenders with larger provision buffers are better…
Airport lounge access on credit cards is becoming harder to get for free, with many banks introducing minimum spending requirements. However, several cards still offer complimentary access without any spending threshold, according…
The Calcutta High Court on Thursday heard a petition by Trinamool Congress MP Abhishek Banerjee challenging the freezing of his personal bank account and the blocking of his debit and credit cards…
RBI has approved Life Insurance Corporation of India's application to increase its stake in HDFC Bank to up to 9.99% from the current 4.11%, as disclosed in an HDFC Bank regulatory filing…
The Reserve Bank of India has approved Life Insurance Corporation of India to raise its stake in HDFC Bank to up to 9.99%, the private lender said in an exchange filing late…
State-owned Life Insurance Corporation of India (LIC) reported a net profit of Rs 23,420 crore for the January-March quarter of FY26, the highest among Indian financial companies. The insurer's profit rose 23%…