Stocks to watch on February 28, 2024: Juniper Hotels will make its market debut today; Vodafone Idea's board on Tuesday greenlit plans to raise up to Rs 45,000 crore in equity and debt
Stocks to watch on Thursday, February 22, 2024: As many as 15 stocks are in F&O ban today including Ashok Leyland, Balrampur Chini, Biocon, India Cement, PVR Inox and Zee Entertainment.
Affirms 'Baa3' long-term deposit ratings
Paytm QR, soundbox, card machine will continue to work as always, said One97 Communications
Fintech firm One97 Communications -- owner of the brand Paytm -- has shifted its nodal account to Axis Bank from Paytm Payments Bank. The move will allow continuity of Paytm QR, Soundbox, card machine after the March 15 set by the Reserve Bank of India, as per a regulatory filing. The RBI has advised customers and merchants of Paytm Payments Bank Ltd (PPBL) to shift their accounts to other banks by March 15, giving 15 more days to the beleaguered entity to close most of its operations, including deposit and credit transactions. "The company has also shifted its nodal account to Axis Bank (by opening an escrow account) to continue seamless merchant settlements as before. "This arrangement is expected to seamlessly replace the nodal account that OCL was using with Paytm Payments Bank. Paytm Payment Services Ltd (PPSL), OCL's wholly owned subsidiary has already been using the Axis Bank services, since its inception," Paytm said in a filing. The nodal account of Paytm is like a master
Subramanian Swamy has filed a Public Interest Writ Petition against the Union of India, Axis Bank, Axis Securities Limited, Axis Capital Limited, and others before the High Court of Delhi
Alliance will serve diverse sectors, with initial focus on microfinance institutions
Paytm is an important player in the fintech industry, Amitabh Chaudhry, MD and CEO of Axis Bank, said
Stock market highlights on February 7, 2024: In the broader markets, the BSE MidCap index gained over 1.48 per cent, while the BSE SmallCap index advanced 0.35 per cent
The group will also acquire stakes in Axis Bank, YES Bank Suryoday Small Finance Bank, IndusInd Bank, and Bandhan Bank
RBI's approval is valid for one year from the date of RBI's letter, i.e., till February 4, 2025
Rx for returns: Pharma firms' dominance in market recovery prescription
Year 2 onwards, customer needs to achieve 4 Vistara flights and 15,000 Tier Points criteria in the last 12 months to retain the gold tier.
The recent quarterly results of HDFC Bank and Axis Bank had disappointed the street, which in turn triggered market-wide selling by FPIs, especially in banking counters
As stocks turn volatile post Q3 results, watch out for these key levels on the likes of ICICI Bank, Hindustan Unilever, CoForge and UltraTech Cement among others and plan your trading strategy.
MOFSL said an elevated CD ratio will constrain credit growth, while continued re-pricing of deposits will likely exert pressure on margins in the coming quarters.
Stocks to watch on Wednesday, January 24, 2024: Bajaj Auto, Canara Bank, DLF, Exide, Indian Oil, Tata Steel, Tech Mahindra and TVS Motor to announce Q3 results today.
Net Interest Income reported 9 per cent growth to Rs 12,532 crore while other income was up 22% to Rs 5555 crore
Axis Bank Q3FY24 results: Axis Bank's gross NPAs fell to 1.58% in the quarter from 1.73% in the previous quarter
Stocks to watch on Tuesday, January 23, 2024: Zee Entertainment in focus as Sony India calls-off merger; Axis Bank, Havells, JSW Energy, L&T Housing Finance, RECL and Tata Elxsi to Q3 results today.