'We will soon foray into asset management'

P Jayendra Nayak, a former bureaucrat, moved to UTI Bank as a director in 1999. Today, the bank under his leadership has grown the business to around Rs 1,02,000 crore (Rs 1,020 billion) and has a......

Market volatility slows MF investor additions

New  investor additions by mutual funds (MFs) have slowed dramatically in recent months, indicating that market correction and a rise in volatility are somewhat dimming the appeal of equity......

Private sector banks' credit costs up in Q3FY25 on higher provisions

Private sector banks that announced their earnings for the October-December quarter (Q3) of 2024-25 (FY25) reported a rise in credit costs due to higher provisions, mainly for unsecured retail......

Sensex, Nifty end flat in highly volatile trade

Benchmark indices Sensex and Nifty ended flat in a special trading session on Saturday as investors saw little coming in from the Finance Minister Nirmala Sitharaman for retail investors and the......