Nifty is approaching its support zone of 9100-9000 levels, however, any violation of this will cause further weakness towards 8800 levels

Share Market News Today | Sensex, Nifty, Share Prices LIVE: As many as 21 stocks out 30 Sensex scrips finished trade in positive territory with M&M as the top gainer, up 5.27 per cent, followed by Bajaj Finance, HDFC Bank and ICICI Bank.

Share Market News Today | Sensex, Nifty, Share Prices Highlights: ONGC was the top laggard on BSE Sensex, with a fall of 4.54 per cent. NTPC, Kotak Mahindra Bank, Bharti Airtel and Titan were other losers on the Sensex pack

Yes Bank shares jumped 20 per cent to hit upper circuit at Rs 31.60 apiece on BSE in otherwise weak trade on Thursday. Bank reported a net profit of Rs 2,629 crore for the quarter ended on March 31.

The department of telecommunications (DoT) is understood to have turned down the offer of Vodafone Idea to furnish a corporate guarantee instead of a bank guarantee to cover its deferred spectrum installment for the current fiscal.

It said Axis Bank identified that more than 10% of its customers (25% of its loan book by value) as on April 25 availed the payment moratorium.

Nifty50 has seen a correction of 6.2% since the start of May after witnessing a strong pullback rally throughout March.

The Indian rupee weakened by 31 paise to 62.64 against the US dollar today at the Interbank Foreign Exchange on month-end demand for the...

Yes Bank has seen a 30.2% increase in its net profit for the March quarter, due to strong growth in advances and growth in low-cost CASA deposits.

Refusing to clear the air on the buzz around the bank acquiring a microfinance lender, Sobti said the bank’s microfinance portfolio will grow to Rs 10,000 crore from Rs 3,000 crore over the next three years.

Interview: Mrutyunjay Mahapatra, deputy MD and chief information officer, State Bank of India.

Kotak Mahindra Bank on Thursday reported a surge in its first quarter net profit while maintaining the asset quality.

NII is the difference between interest earned and interest paid by a bank. The lender’s asset quality improved q-o-q with gross non-performing assets (NPA) of 17.36%, down 10 basis points over Q2FY19.

At the end of December 2018, Suuti held a 9.56% stake in Axis Bank. The OFS is part of the government’s move to meet its disinvestment target of Rs 80,000 crore for FY19.

The bank has witnessed asset quality weakening further in December quarter with the gross non-performing assets (NPA) as of December 2018 increasing to Rs 4,056 crore (8.49%) compared to Rs 2, 663 crore (5.95%).

Fino Payments Bank aims to break even in the next 18-24 months, executive vice president and head-products & alliances Ashish Ahuja tells Mitali Salian.

he bank said it has purchased loans aggregating Rs 19.24 billion through the direct assignment route under the home loan arrangement with Housing Development Finance Corporation, during the quarter ended March this year.

Established in February 2009, Star Union Dai-ichi Life’s (SUD Life) premium income stood at Rs 1,211 crore, while its profit after tax stood at Rs 55 crore during April-December 2018-19.

The Indiabulls board has constituted a reorganisation committee headed by SS Mundra, independent director on the board of Indiabulls and former RBI deputy governor, to undertake necessary decisions in relation to the proposed merger.

The initial price guidance stood at 210 bps over the US Treasury. The bank indicated that with 3.5 times over-subscription, the final price tightened by 25 bps.

Even as banks see a rise in core income and a drop in fresh bad loans, they may see a fall in non-interest income, with treasury income falling sharply on a sequential basis.

Industry members claim that the turnaround time after loan sanctions through the portal has been long. In a meeting with finance minister Nirmala Sitharaman earlier this month, an industry association raised a complaint to this effect.

The extent to which banks are using data to lend to SMEs can grow dramatically as almost every bank is working towards this initiative as there is a big opportunity, said the SBI chairman.

India is better placed to manage uncertainty arising from different monetary policy...

It noted that the timeliest indicators of UK demand have stabilised in recent weeks, albeit at very low levels, after unprecedented falls during late March and early April.

The audit of Lebanon's central bank accounts announced last month will include every transaction at the bank, Economy Minister Raoul Nehme said in an interview published on Sunday.

ICICI Bank reported a 26% year-on-year (y-o-y) rise in net profit to Rs 1,221 crore in the March quarter, which was below the street’s estimates.

Nirmala Sitharaman’s office on Thursday had tweeted that PSBs sanctioned loans worth Rs 5.66 lakh crore for over 41.81 lakh accounts in MSME, retail, agriculture and corporate sectors during March-April 2020.

The meeting, to be held via video-conferencing, will also take stock of interest rate transmission to borrowers by banks and progress on moratorium on loan repayments, sources said.

The U.K. Green Investment Bank is set to tie up the first investments in a $1.6 billion fund by the end of March, part of Britain’s push to cement its dominance in offshore wind power.

The Brazilian bank Itau Unibanco Holding SA raised 1.05 billion reais ($408 million) to finance renewable energy and water treatment projects.

The World Bank indicated in its new report "Building Competitive Green Industries: The Climate and Clean Technology Opportunity for Developing Countries" that small and medium-sized enterprises (SMEs) in developing countries are set to undergo significant growth and create more jobs in the field of clean technology. Anabel Gonzalez, senior director for the World Bank's Global Practice on Trade and Competitiveness, said developing home-grown clean-tech industries will help developing countries more effectively increase the adoption of low-cost clean energy and drive sustainable economic development.

The World Bank has approved US$390 million in additional financing to be used by Pakistan's Water and Power Development Authority for extensions of its Tarbela hydroelectric plant.

Developing countries that are interested in geothermal energy may see transformational results by approaching World Bank and other institutions, as Djibouti did. In an interview, the World Bank Djibouti geothermal project team talks about the project investment, lessons from Kenya’s experience, and preparations that are being made for the private sector to take up the next steps.

Renewable energy companies will derive more of their funding from bond markets as banks curb lending to the industry, Citigroup Inc.’s head of environmental finance said.

Indian Prime Minister Narendra Modi appointed a former banker to oversee coal, power and clean-energy reforms in a move aimed at resolving fuel bottlenecks and chronic blackouts hampering economic growth.

Caisse des Depots et Consignations, a French state bank, is setting aside 5 billion euros ($6.8 billion) for green projects after the government proposed a law to spur use of renewable electricity and boost efficiency.

U.S. Export-Import Bank Chairman Fred Hochberg mounted a defense of the 80-year-old agency as Republicans weigh eliminating the lender they say backs major corporations with political connections.

Shinsei Bank Ltd., a lender for Goldman Sachs Group Inc.’s clean-energy projects in Japan, plans to provide as much as 200 billion yen (US $2 billion) in loans for renewable developments.

The U.K. Green Investment Bank is set to tie up the first investments in a $1.6 billion fund by the end of March, part of Britain’s push to cement its dominance in offshore wind power.

The Brazilian bank Itau Unibanco Holding SA raised 1.05 billion reais ($408 million) to finance renewable energy and water treatment projects.

In times of need help can come from anywhere, even your favourite restaurant. Seventh Avenue Group runs three Tauranga restaurants - Brooklyn Patio on The Strand, Neighbourhood Kitchen in Cherrywood and Rain Bar in Pāpāmoa....

[New Zimbabwe] THE Reserve Bank of Zimbabwe (RBZ) is expected to introduce a new set of higher denomination banknotes worth $600 million to increase the physical money supply and curb severe cash shortages in the country.

Brazil's Economy Minister Paulo Guedes on Saturday said the country's central bank is likely to shower the economy with money in case of an economic depression.

Brazil's Economy Minister Paulo Guedes on Saturday said the country's central bank is likely to shower the economy with money in case of a depression due to the coronavirus pandemic.