Category: Company Specific News
👌Conscious call not to accept high cost deposits, says HDFC Bank CEO
https://www.business-standard.com/companies/news/conscious-call-not-to-accept-high-cost-deposits-says-hdfc-bank-ceo-124021901129_1.html lipped from: https://www.business-standard.com/companies/news/conscious-call-not-to-accept-high-cost-deposits-says-hdfc-bank-ceo-124021901129_1.html HDFC Bank shares came under pressure after the Oct-Dec earnings numbers due to slower than expected growth in deposits and compression in
Reserving success: Hotel stocks thrive as demand checks in for long stay | Stock Market News – Business Standard
https://www.business-standard.com/markets/stock-market-news/reserving-success-hotel-stocks-thrive-as-demand-checks-in-for-long-stay-124021800336_1.html Clipped from: https://www.business-standard.com/markets/stock-market-news/reserving-success-hotel-stocks-thrive-as-demand-checks-in-for-long-stay-124021800336_1.html Ride the wave of Q3FY24 strength, fuelled by rising average room rates and enhanced occupancy Listen to This Article Led by the
👌HDFC Bank, Gandhar Oil Refinery (India) and CESC – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/technical-analysis/tech-query-what-is-the-outlook-for-hdfc-bank-gandhar-oil-refinery-india-and-cesc/article67854079.ece Clipped from: https://www.thehindubusinessline.com/portfolio/technical-analysis/tech-query-what-is-the-outlook-for-hdfc-bank-gandhar-oil-refinery-india-and-cesc/article67854079.ece We zoom in on the prospects of HDFC Bank, as also the prospects of two other stocks — Gandhar Oil Refinery (India)
E-commerce major Amazon surpasses $8 billion in exports from India in 2023 | Company News – Business Standard
https://www.business-standard.com/companies/news/e-commerce-major-amazon-surpasses-8-billion-in-exports-from-india-in-2023-124021500966_1.html Clipped from: https://www.business-standard.com/companies/news/e-commerce-major-amazon-surpasses-8-billion-in-exports-from-india-in-2023-124021500966_1.html Amazon, which began exporting from India seven years ago, would have to more than double its exports by 2025 to meet its
👌HDFC Bank sees Casa boost through home loan business: Arvind Kapil
https://www.business-standard.com/companies/news/hdfc-bank-sees-casa-boost-through-home-loan-business-arvind-kapil-124021501017_1.html Clipped from: https://www.business-standard.com/companies/news/hdfc-bank-sees-casa-boost-through-home-loan-business-arvind-kapil-124021501017_1.html The CASA deposits of the bank grew by 2.2 per cent quarter-on-quarter(QoQ) to Rs 8.35 trillion in Q3 FY24 with CASA ratio
👌Tractor industry sales likely to dip 5% due to agri activities slowdown | Auto – Business Standard
https://www.business-standard.com/industry/auto/tractor-industry-sales-likely-to-dip-5-due-to-agri-activities-slowdown-124021401650_1.html Clipped from: https://www.business-standard.com/industry/auto/tractor-industry-sales-likely-to-dip-5-due-to-agri-activities-slowdown-124021401650_1.html The market leader in tractors in India, Mahindra and Mahindra, felt that the year would end with around 900,000 units in sales
👌HDFC Bank hits 52-week low; slips 18% in 1 month wiping out Rs 2.3 trn mcap
https://www.business-standard.com/markets/news/hdfc-bank-hits-52-week-low-slips-18-in-1-month-loses-rs-2-3-trn-m-cap-124021400500_1.html Clipped from: https://www.business-standard.com/markets/news/hdfc-bank-hits-52-week-low-slips-18-in-1-month-loses-rs-2-3-trn-m-cap-124021400500_1.html Shares of HDFC Bank hit a 52-week low of Rs 1,363.45, down 2%, falling below its previous low of Rs 1,382.40 touched
Merchant signups soar for BharatPe, MobiKwik, & PhonePe – Banking & Finance News | The Financial Express
https://www.financialexpress.com/business/banking-finance-merchant-signups-soar-for-bharatpe-mobikwik-amp-phonepe-3392168 lipped from: https://www.financialexpress.com/business/banking-finance-merchant-signups-soar-for-bharatpe-mobikwik-amp-phonepe-3392168/ The platform is also seeing an increase in inbound offline merchant leads – who are inquiring to get onboarded. For instance, merchant
Will continue to work with Paytm, subject to RBI forbearance: Axis Bank MD – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/will-continue-to-work-with-paytm-subject-to-rbi-forbearance-axis-bank-md/article67839068.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/will-continue-to-work-with-paytm-subject-to-rbi-forbearance-axis-bank-md/article67839068.ece We have been working with them in the past on various things, and those aspects continue, says Arjun Chowdhry Paytm, or One 97
Paytm Payments Bank, RBI controversy: How will it impact the customers | Company News – Business Standard
https://www.business-standard.com/companies/news/paytm-payments-bank-rbi-controversy-how-will-it-impact-the-customers-124020901485_1.html Clipped from: https://www.business-standard.com/companies/news/paytm-payments-bank-rbi-controversy-how-will-it-impact-the-customers-124020901485_1.html The company, part of One97 Communications, is a leader in Indian fintech and faces challenges of regulatory scrutiny and customer uncertainity Vijay
👌What’s in store for ‘India’s most sincere bank’?
https://www.business-standard.com/opinion/columns/what-s-in-store-for-india-s-most-sincere-bank-124021100315_1.html Clipped from: https://www.business-standard.com/opinion/columns/what-s-in-store-for-india-s-most-sincere-bank-124021100315_1.html Has Sharma given up on it? For now, he seems to be on a save-OCL mission However brilliant he may be in
👌Banks seek RBI immunity to deal with Paytm biz – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/banks-seek-rbi-immunity-to-deal-with-paytm-biz/article67835058.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-seek-rbi-immunity-to-deal-with-paytm-biz/article67835058.ece FAQs to be released by RBI this week are expected to quell concerns put forth by banks With less than three weeks
AMAZON — Stake sale
https://mybs.in/2dTVI3v?code=NTM4OTU9MTI0MDIxMDAxMDM3 Download BS app for latest in Business News – https://bit.ly/3Qk1KVB
https://www.business-standard.com/companies/news/paytm-payments-bank-rbi-controversy-how-will-it-impact-the-customers-124020901485_1.html Clipped from: https://www.business-standard.com/companies/news/paytm-payments-bank-rbi-controversy-how-will-it-impact-the-customers-124020901485_1.html The company, part of One97 Communications, is a leader in Indian fintech and faces challenges of regulatory scrutiny and customer uncertainity Vijay
Can Paytm survive without Paytm Payments Bank? – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/can-paytm-survive-without-paytm-payments-bank/article67804407.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/can-paytm-survive-without-paytm-payments-bank/article67804407.ece Steep fall in stock price since the ban mirrors the lack of exclusivity Paytm will have in the fintech world For two
Analysts downgrade SBI Card as poor asset quality, rising costs bite in Q3
https://www.business-standard.com/markets/news/analysts-downgrade-sbi-card-as-poor-asset-quality-rising-costs-bite-in-q3-124012900255_1.html Clipped from: https://www.business-standard.com/markets/news/analysts-downgrade-sbi-card-as-poor-asset-quality-rising-costs-bite-in-q3-124012900255_1.html SBI Card share price: Shares of the credit card arm of State Bank of India (SBI) tanked 6.5 per cent to Rs
How Bank of Maharashtra charted its comeback – The Hindu BusinessLine
https://www.thehindubusinessline.com/specials/current-account/how-bank-of-maharashtra-charted-its-comeback/article67782397.ece Clipped from: https://www.thehindubusinessline.com/specials/current-account/how-bank-of-maharashtra-charted-its-comeback/article67782397.ece The bank is now close to the goal of recording ₹500 crore operating profit per quarter for every ₹ 1 lakh crore
LIC gets nod from RBI to raise HDFC Bank stake to 9.99% – Market News | The Financial Express
https://www.financialexpress.com/market/lic-gets-nod-from-rbi-to-raise-hdfc-bank-stake-to-9-99-3375910/ Clipped from: https://www.financialexpress.com/market/lic-gets-nod-from-rbi-to-raise-hdfc-bank-stake-to-9-99-3375910/ Life Insurance Corp. of India (LIC) to acquire an additional 4.8% stake in the country’s largest private sector lender. LIC currently holds
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