Banks
- Business
GenAI spending from banks to reach $85 bn globally by 2030
New Delhi: The spending on GenAI by banks will reach $85 billion in 2030, from $6 billion globally in 2024 which is a 1,400 per cent growth, a report showed on Tuesday.…
- Business
FPIs have turned buyers in leading banks
New Delhi: FPIs have made a major comeback to India in December. Even though FPIs made an investment of Rs 9,000 crore in India in November, they were sellers for Rs 368…
- Business
Nifty depressed by poor performance of banks
New Delhi: The dominant trend in the market this year is the huge outperformance of the mid and small caps, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. While Nifty…
- Business
Banks, RBI keeping close watch to tackle cyber fraud: Sitharaman
New Delhi: Union Finance Minister Nirmala Sitharaman on Thursday said that while government institutions, banks and insurance companies were building greater awareness over cyber fraud, there was a need for people also…
- Business
Banks, NBFC stocks fall as RBI moves to curb risk in consumer lending
New Delhi: Banks and NBFC stocks are down sharply in trade on Friday after the Reserve Bank of India’s (RBI) action raised the risk weightage on unsecured loans. RBL Bank is down…
- Business
Adani Cement refinances $3.5 bn from 10 international banks
Mauritius: Adani Cement, through Endeavour Trade and Investment Ltd, has announced the successful completion of its refinancing program for acquisition debt taken for Ambuja and ACC, through a $3,500 million financing package,…
- Hyderabad
Hyderabad: Know RBI-announced bank holidays in October
Hyderabad: For the month of October, the Reserve Bank of India (RBI) has announced holidays for banks in Hyderabad and other cities across India. According to the RBI, there are a total…
- India
Indian banks set to reward shareholders with the highest dividend in seven years
New Delhi: Indian banks look set to reward shareholders with the highest dividend in at least seven years. The country’s banks are forecast to take their share in aggregate payout across all…
- India
Indian banks may see a decline in their earnings
New Delhi: Indian banks may see a decline in their earnings as net interest margins (NIMs) stop rising due to the central bank’s decision to extend its pause on rate hikes, S&P…
- Hyderabad
Know Eid Al Adha holiday for banks in Telangana
Hyderabad: Like in most parts of the world, banks in Telangana will also observe a holiday on the occasion of Eid Al Adha, which falls on Dhul-Hijjah 10. According to the list…