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Kotak Securities Rbi

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  • Business

Analysts downgrade SBI Card as poor asset quality, rising costs bite in Q3

Most analysts have downgraded the stock of SBI Cards and Payments (SBI Card) as the credit card issuer posted weak results during the December quarter (Q3) of financial year 2023-24 (FY24).......

Bloodbath on the bourses: Sensex tanks 1,628 pts

Benchmark Sensex nosedived 1,628 points or 2.23 per cent on Wednesday, marking its biggest single-day slide in more than one-and-a-half years following an intense sell-off in banking, metal and oil......

Bajaj Finance shares soar 4% as Q3 business update shows robust AUM growth

Shares of Bajaj Finance sprinted 4.7 per cent to Rs 7,732 per share on the BSE in Thursday's (January 4) intra-day trade as the non-bank finance company's (NBFC's) December quarter business update......

Brokers target March-end for secondary mkt ASBA

Investors may have to wait a little longer for Unified Payments Interface (UPI)-based block mechanism in the secondary market even as the market regulator has set the effective launch date as......

AMCs' contribution to backstop fund for debt MFs tops target

The contribution from asset management companies (AMCs) has surpassed the Rs 3,000 crore target for the creation of a Rs 33,000 crore backstop facility for debt mutual funds (MFs). Illustration:......

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