© 2026 nimisham.in
Mumbai: India s credit card boom is turning less lucrative for issuers, yielding lower profit margins for banks even as spending continues to rise. Customers are increasingly using credit cards as a payment tool rather than a borrowing product, shrinking the i
HDFC Bank CEO Sashidhar Jagdishan will depart after his term ends next month. New chairman Rajiv Kumar sought aggressive changes and executive replacements
The Indian stock market edged higher on Wednesday, with Sensex and Nifty trading in the green after two days of losses, amid underlying concerns around further escalation in the US-Iran conflict and weaker-than-expected monsoons.Sensex rose over 150 points, wh
Indian markets experienced a volatile yet narrow trading range, concluding marginally lower as consolidation persists. Analysts await a decisive breakout above 24,200
A District Consumer Commission in Andhra Pradesh directed a loan company, IBL Bank Loans, to refund a Rs 15,000 processing fee and return the complainant s property documents, after it failed to sanction a Rs 15 lakh loan for his son s marriage despite collect
Saturday bank holiday today: Are banks open or closed today on August 22, 2026? - The Economic Times Saturday bank holiday,Are banks open or closed on August 1,HDFC Bank,August bank holidays,bank branch visiting tips
Non-Resident Indians (NRIs), Overseas Citizens of India (OCIs) and Persons of Indian Origin (PIOs) looking to park their foreign currency savings in India have only a few days left to take the benefit of zero hedging costs on 3-5 year Foreign Currency Non-Resi
Life Insurance Corporation of India received approval from the Reserve Bank of India. This allows LIC to increase its stake in HDFC Bank to 9.99 percent
The Nifty's price-to-book ratio has slid below three for the first time in six years, showcasing the banking sector's struggles alongside rising book values. With banks and financial services playing a crucial role in the Nifty's composition, the recent consol
Sunil Singhania-backed Abakkus Flexi Cap Fund increased its exposure to Reliance Industries, Vedanta Power and 32 other stocks in July. The fund added shares of NTPC, Edelweiss Financial Services, Vedanta Aluminium Metal, SBI, HDFC Bank and ICICI Bank, while t
FCNR (B) FDs offering up to 7.50% interest rate to NRIs, OCIs: These banks offer 6.25% or higher on deposits - The Economic Times hdfc bank,bank of baroda,esaf small finance bank,au small finance bank,ujjivan small finance bank,icici bank,FCNR (B) fixed deposi
Mutual funds bought Rs 15,900 crore of stocks in July while FIIs sold Rs 11,000 crore. Axis Bank, INDO-MIM and Kotak Mahindra Bank saw major buying, while ICICI Bank, Eternal and Reliance Industries faced selling
Bank of Baroda is actively seeking dollar funding avenues to bolster its operations, inspired by the successful foreign-currency bond issuance led by State Bank of India. The bank is considering a dual-tranche bond sale with maturities of three and five years
A sessions court on Thursday rejected a plea filed by the accused arrested for the 2018 murder of a multinational bank s vice-president, which claimed he was a minor at the time of the offence. The court said that the accused was unable to produce any record i
The RBI has revised bank board governance norms, effective October 1. Boards will now focus on strategy and risk oversight, delegating operational matters
Many Non-Resident Indians (NRIs) prefer Non-Resident External (NRE) fixed deposits that are a low-risk and reliable investment option. Non-Resident External (NRE) fixed deposit (FD) schemes allow NRIs to invest foreign earnings in Indian rupees.Apart from offe
India s large-cap stocks are set to narrow their underperformance to smaller peers, supported by the return of foreign investors, an improving earnings outlook and attractive valuations, according to strategists.Goldman Sachs Group Inc., Jefferies Financial Gr
Goldman Sachs anticipates Nifty's recovery to 26500, indicating a significant upside potential. This outlook stems from lower commodity prices and a stabilized currency, which are positive indicators
HDFC Bank MD Sashidhar Jagdishan addressed chairman Atanu Chakraborty's resignation and governance questions. External law firms reviewed Chakraborty's statement, finding it unsubstantiated by records and interviews
Sukanya Samriddhi Account (SSA) is a government-backed small savings scheme, offering the joint highest interest rate among all such schemes. SSA is focused on creating a corpus for education and marriage of a girl child
Listen to this article in summarized format From ITR filing due dates to right form - know everything about filing your income tax returns for Tax Year 2025-26 or AY 2026-27 (Catch all the Personal Finance News, Breaking News, Budget 2025 Events and Latest New
Google Cloud is making its latest artificial intelligence (AI) models available locally in India in a big data sovereignty push, chief executive Thomas Kurian told Surabhi Agarwal in a video interview. Google Cloud, which has an annual revenue run rate nearing
From ITR filing due dates to right form - know everything about filing your income tax returns for Tax Year 2025-26 or AY 2026-27 (Catch all the Personal Finance News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.)
The Indian stock market extended gains on Friday, with the Sensex and Nifty rising more than 0.3% each, supported by easing tensions in the Middle East, lower expectations of Fed rate hikes, and other key factors.The Sensex gained around 262 points to close at
HDFC Bank witnessed robust growth in its June 2026 quarter results, with gross advances surging 15.4% year-on-year to Rs 30.61 lakh crore. Deposits also climbed 14.7% to Rs 31.70 lakh crore
The Indian stock market closed in the deep green on Thursday, with Sensex and Nifty rising more than 0.7% each as oil prices fell to $70 per barrel. Sensex jumped nearly 580 points to close at 77,502, while Nifty 50 jumped around 170 points to end the session