Banks News

Markets

HDFC Bank, Kotak Bank, SBI shares propel Bank Nifty to fresh record high after RBI proposes easier liquidity norms

Bank Nifty index surged more than 1%, extending its bull run for the sixth consecutive session. Canara Bank, Bank of Baroda, Kotak Mahindra Bank and HDFC Bank shares were the top gainers on the banking index, rallying more than 2% each.

2 min read12:13 PM IST
News

More digital nudges weighed as taxman pushes compliance

Experts say tech and artificial intelligence driven-‘nudging’ is a key element of the tax department’s new toolkit.

2 min read21 Apr 2025
Industry

Banks to walk the margin tightrope in Q1 as outlook remains uncertain

HDFC Bank, ICICI Bank and Yes Bank, which released their Q4 earnings on Saturday, said in their post-earnings calls that the reduction on fixed deposit interest rates is expected to play out over the next few quarters, thus keeping margins under pressure

4 min read21 Apr 2025
Industry

Bank holidays this week, starting today, April 21: Banks to remain shut on THESE days; check schedule

This week, starting April 21 comes with no local holidays or festive offs for the bankers, other than the RBI mandated weekly holidays. Check if Saturday, April 26 is working…

1 min read21 Apr 2025
Industry

IndusInd Bank elevates Santosh Kumar as deputy CFO

The lender, grappling with the fallout of accounting discrepancies in its derivatives portfolio, appoints a deputy CFO ahead of its Q4 results.

1 min read17 Apr 2025
Markets

Canara Bank, HDFC Bank to SBI: Bank stocks gain up to 2% on hopes of RBI rate cuts post inflation data

Bank stocks rose for the third consecutive day after retail inflation eased, boosting investor sentiment for another RBI rate cut. The Nifty Bank index increased 0.70%, with major banks like Federal Bank and Canara Bank gaining over 1.5%.

2 min read16 Apr 2025
Industry

Bank holiday today: Are banks closed on April 15 for Pohela Boishakh 2025, Bohag Bihu? Check full schedule here

Bank holiday today: Are banks closed in states today on April 15 for Pohela Boishakh 2025, and Bohag Bihu? Will banks also be closed on April 16? Is there a long weekend this week? Check full bank holiday schedule for April 2025 here.

2 min read15 Apr 2025
Industry

Bank holiday today: Are banks closed on April 14 for Ambedkar Jayanti 2025? Check schedule here

Bank holiday today: Are banks closed on April 14 for Ambedkar Jayanti? Will banks also be closed on April 14? Check the April 2025 bank holidays schedule here.

3 min read14 Apr 2025
Markets

InCred prefers private banks over PSBs amid margin pressure; here are its top tactical stock picks

InCred Equities anticipates a moderation in profitability for state-owned banks due to margin pressure and fading non-core income. It favors Punjab National Bank and Canara Bank for their liquidity, while preferring large private banks overall for stronger fundamentals.

3 min read11 Apr 2025
Industry

Bank holiday: Are banks closed today, on April 10, for Mahavir Jayanti? Check schedule here

Bank holiday today: Are banks closed on April 10 for Mahavir Jayanti? Will banks also be closed on April 12-13 for Saturday and Sunday? Is there a long weekend ahead? Check full bank schedule for April 2025 here.

3 min read10 Apr 2025
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