banking finance News

HDFC Bank Q2 profit up 20 per cent at Rs 2,381.5 crore, lags estimates

Bank's total income was at Rs 13,894.7 crore in Q2, up from Rs 11,937.7 crore in the same period last year. (Reuters)

HDFC Bank today reported a 20 per cent rise in its September quarter net profit...

Sensex up 74 points as Narendra Modi govt steps up reformsBankers rule out slashing lending, deposit rates
Punjab National Bank Q2 net up 13.81 per cent at Rs 575.34 crore
State-owned Punjab National Bank (PNB) today reported 13.81 per cent increase in net profit at Rs 57...

Indian rupee gains 8 paise against dollar in early trade

Extending its rising streak for the third straight day, the rupee appreciated by 8 paise...

Rupee to dollar: Indian currency falls after Chinese data, Modi reform hopes

Indian rupee trading at 61.30 versus Monday's close of 61.36/37 against US dollar.

OBC follows in SBI footsteps, cuts short-term deposit rates to 7.5%

OBC on Monday trimmed short-term retail deposit rates, the third public sector lender after State Ba...

Indian rupee jumps 8 paise to end at one-week high of 61.36 vs US dollar

The dollar index was last trading lower by 0.24 per cent against it major global rivals.
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IDBI Bank plans to raise $350 mn through overseas bonds in the works
The proposed notes will have a maturity of 5.5 years and a pricing guidance of 300 basis points (bps...
Critical resistance of 60.90 needs to be broken for further strength in rupee: Hemal Doshi
Indian rupee opened firmer at 61.20 due to firm Asian currencies...
Indian rupee resilient despite global market volatility
Indian rupee is the second biggest gainer against dollar among Asia ex-Japan FX this month.
60.60/61.00 and 62.00/62.10 range set to play out for rupee: Anindya Banerjee
We were expecting a sharp rally towards 62.00 handle on spot, on the back of risk-off in the global ...
Rupee to dollar: Indian currency trades lower after diesel deregulation, election results
Indian rupee to US dollar trades at 61.22 compared with Friday's 61.44/45 close.
Saradha group chit fund scam: Sudipta Sen sent to judicial custody
Police did not seek his further remand for Sudipta Sen, the chairman of the Saradha Group.
LIC Housing Fin Q2 rises 10 pc at Rs 341 crore
LIC Housing Finance's net profit in the second quarter ended September 2014 rose by 10 per cent to R...
Axis Bank net up 18% at Rs 1,611 cr
Bank credits Q2 numbers to 20% jump in interest income, 10% rise in other income
Cobrapost sting: NABARD chief gives clean chit to co-operative banks
RBI has maintained that no transaction has happened while the sting also does not point to money lau...
Expect rupee to trade with a positive bias towards 60.90/61 in the near term, says Hemal Doshi
Indian rupee opened firmer at 61.68 due to firm Asian currencies...
RBI or SEBI should create awareness against ponzi schemes: SBI
RBI...or SEBI should begin a major campaign in line with Jago Grahak Jago, says Pratip Chaudhuri.
Forex reserves up $.1.31 bn
Foreign exchange reserves rose by $.1.31 billion in the week ended...
State Bank of India suggests RBI as single regulator for all home loans
A single regulator having same rules for all players would help remove regulatory arbitrage: SBI
Indian rupee snaps two-day fall, rebounds 39 p vs dollar to end at 61.44
Tracking a recovery in local shares, the Indian rupee today snapped...
ATM heist: India's IT sector in unwelcome spotlight
Global banks were already under pressure to step up oversight of back-office functions.
Four PSBs a step closer to meeting Basel-III norms as govt nod for stake sale paves way
Six other lenders may get clearance soon to conduct institutional stake sale
Indian rupee logs biggest fall in a week vs US dollar
Indian rupee commenced lower from previous close of 54.77 and immediately touched 55.00.
Axis Bank eyes festive season & peers, cuts base rate to 10.15%
Despite cut, rate still higher than HDFC Bank, SBI; analysts call move well-timed
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