The bank's profit is buoyed by robust growth in its commercial banking and mortgage businesses.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Securities held in custody accounts reached a new high.
More than 10% (40 of 498 companies) have lost at least half their market value.
Over the past 25 years the MF industry has come a long way. Geographic reach has increased, many more customers have been added, more channels have been opened up and the product basket is full.
The PM said that the Union Budget will accelerate the economic growth, financially empower every citizen and strengthen the foundation of the economy in the new decade.
The regulatory actions, undertaken by the RBI and the government, came hours after finance ministry sources confirmed that SBI was directed to bail out the troubled lender. For the next month, Yes Bank will led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.
S&P Global Ratings has forecast India's economy to shrink by 5 per cent in the current fiscal. It, however, has projected GDP growth to be 8.5 per cent in 2021-22 and 6.5 per cent in 2022-23.
'We have to plan for whatever the new normal is.'
Insurance companies are going all out to grab eyeballs.
One-sponsor-one-fund rule may set off merger as Amundi seen sponsoring two funds following buyout.
Xi Jinping is winning the war without firing a shot in Sri Lanka, observes Colonel R Hariharan (retd).
FTIL prepares to challenge the order in the Bombay high court
More than just a legacy brand in commercial vehicles, Ashok Leyland wants to be seen as an old brand embracing new values.
"I am an academic and I have always made it clear that my ultimate home is in the realm of ideas," Rajan said in a letter to staff.
It's the second time Nasscom has projected single-digit growth in a decade.
India's economy is forecast to grow at 4.8 per cent in 2013, down 1.3 per cent from its earlier projection, the UN's World Economic Situation and Prospects 2014 report said.
Arundhati Bhattacharya is a strong contender for chairperson post, after Pratip Chaudhuri retires in September.
There are still bumps in the road ahead for Swiss banks.
'As banks grapple with risk aversion and savers see an erosion in the value of money, the P2P platform can be a win-win for both borrowers and lenders,' notes Tamal Bandyopadhyay.
How Shibani Bhagat plans to rewrite the rules of the Indian sneaker business.
No discrimination on basis of gender, age, religion, caste and physical ability.
An estimated $344 billion has been illegally removed from the Indian economy between 2002 and 2011
Budget was a mild disappointment. Yet, the bull run continues.
Piramal will join the JSW, Vedanta and Tata groups, which are bidding aggressively for distressed assets, especially in the infrastructure and steel sectors.
The main losers on the Sensex were Tata Steel, Hero Moto, BHEL, ONGC & Maruti Suzuki.
The one-size-fits-all approach adopted by the AICTE is not suitable for regulating business schools in India, argues Asish K Bhattacharyya.
The venue for Saturday's meeting was shifted at the last minute from the headquarters of the India Banks' Association in Cuffe Parade to avoid media glare.
Now, with an aim to make basketball the second-most followed sport in India, the NBA launched its customized NBA.com in Mumbai on Wednesday.
Indian retail investors continue to sell gold ETFs.
'The new government will have to contend with slowing economic growth, weak private investment, anaemic exports and vulnerable external imbalances, a stressed financial system, mounting fiscal pressures (including high government debt-to-GDP ratios) and an exceptionally bad employment situation,' says Shankar Acharya, former chief economic adviser to the Government of India.
Reports have suggested Rs 400-650 as the possible IPO price
The trinity of rising stocks, rising yields and rising dollar since Donald Trump's election has already faced a setback.
The JV, Voltbek Home Appliances, aims to take on LG, Samsung as well as home-grown players such as Godrej among others head on with a slew of products that hopes to combine the best of both worlds -- European technology and design, with Indian pricing and delivery.
Indian auto and pharma industries import several critical components and raw materials from China.
The turnaround of SAIL from several quarters of losses was one of the most challenging experience, said Anil Kumar Chaudhary, the outgoing chairman of the country's largest steel maker. The chairman said he also wants to see SAIL paying back at least 50 per cent of its debt in the near future. Chaudhary who had joined SAIL as a junior manager in 1984 would be superannuating from the top post on December 31, 2020 after serving the company for almost 36 years in various roles.
'18 threats' that international cricket faces right now
BSE proposes two models for making gold trading and investment transparent
Ram Sumiran Pal arrested in Delhi; hunt for two others on.
While the mango season started with the Alphonso variety trading at Rs 18 a kg (model price), it jumped to Rs 30 a kg at the wholesale Vashi mandi.
