According to a Bank of Baroda report, the RBI's decision has the potential to open the doors to an industry which market sources value at around $40 billion or ₹3.5 trillion
Nomura's top picks in the current tariff scenario include ICICI Bank (Buy), State Bank of India (SBI) (Buy), and Axis Bank (Buy)
Debt-ridden Infrastructure Leasing & Financial Services has decided to sell its entire 15 per cent residual stake in Roadstar Infra Investment Trust (InvIT) to reduce liabilities. Infrastructure Leasing & Financial Services (IL&FS) has appointed Axis Bank to scout for potential buyers for its 15.1 per cent stake in Roadstar InvIT. "Sale of IL&FS' 15 per cent stake in Roadstar InvIT forms an important part of the Group's resolution initiative and approved framework. We would be taking steps in this direction - including appointing consultants and intermediaries - in due course," an IL&FS Group spokesperson said. In March this year, IL&FS had listed the Roadstar Infra Investment Trust units on NSE as a part of its debt restructuring. Roadstar Infra Investment Trust, sponsored by Roadstar Infra, was established with the objective of owning, operating and investing in infrastructure projects in India, directly or indirectly, and is registered under the InvIT ...
Nomura has picked ICICI Bank, State Bank of India (SBI), and Axis Bank as its top picks to play this recovery trend.
Reserve Bank of India (RBI) Governor Sanjay Malhotra is expected to launch the new netbanking switch at the Global Fintech Fest 2025, scheduled for October 7-9.
As of June 2025, home loans, according to the Equirus note, grew 12.8 per cent y-o-y to Rs 41.2 trillion, led by state-owned banks (+15.5 per cent y-o-y) and NBFCs / state finance banks
The weighted average lending rate (WALR) on fresh loans rose by 18 bps M-o-M in July 2025, led by a sharp 31 bps rise for PSU banks, while private banks saw a 16 bps decline.
Axis Bank MD Amitabh Chaudhry said banks earn nothing from UPI transactions despite bearing the infrastructure costs, as subsidies and incentives shrink further
The Enforcement Directorate on Friday said it conducted searches in multiple cities after registering a money laundering case to probe an instance of front-running in scrips traded by Axis Mutual Fund during 2018-2021, official sources said. Front-running refers to an unethical and illegal practice in the securities market where brokers or traders execute orders for their own benefit using advance knowledge of pending client orders. This malpractice compromises market integrity and disadvantages other investors. The probe involves the role of Viresh Joshi, a former chief trader and fund manager of Axis Mutual Fund. The ED has been investigating this instance under the civil provisions of the Foreign Exchange Management Act (FEMA) since the Income Tax department conducted searches in this case in 2022. The ED searches under the Prevention of Money Laundering Act (PMLA) were conducted in Delhi, Ahmedabad, Bhavnagar, Bhuj, Gurugram, Kolkata and Ludhiana, the sources said. The money ..
Bank stock to buy: While analysts like ICICI Bank's unblemished report card for Q1FY26, they see HDFC Bank emerging as a stronger franchise over long-term. Axis Bank's weak Q1 has left if off radar
Axis Bank's senior leadership has seen churn lately. In June last year, Sumit Bali, group executive overseeing retail lending quit and joined Yes Bank
Sensex and Nifty fall by 0.6% on Friday, led by declines in banking, IT stocks. The benchmarks end the week with their worst losing streak in six months, as weak earnings weigh on investor sentiment
Axis Bank Q1 results: Asset quality issues, slow loan growth and rate cut cycle hit Axis Bank Q1 earnings. Should you buy, sell, or hold the stock now? Read to find out analysts' review
Sensex Today | Stock Market close, Friday, July 18, 2025: The Nifty Midcap 100 index fell 0.7 per cent and Nifty Smallcap 100 was down 0.82 per cent
Share market fall today: NSE Nifty was trading below the key psychological 25,000 level, down by 140 points or 0.56 per cent.
Axis Bank was seen trading below the 200-Day Moving Average after three months. More pain likely if the stock breaks below the weekly trend line support, which stands at ₹1,077; suggests tech charts.
Axis Bank Q1FY26 net profit falls to Rs 5,806 crore as slippages surge and provisions rise; "technical impact" weighs on asset quality and return ratios
The country's fourth-largest private lender by market capitalisation reported a standalone net profit of 58.06 billion rupees ($674.8 million) for the quarter ended June 30
Sensex Today | Stock Market close, Thursday, July 17, 2025: In the broader markets, the Nifty MidCap index fell 0.27 per cent, and the Nifty SmallCap index was down by 0.18 per cent
Q1 FY26 company results, July 17: LTIMindtree, HDFC AMC, Indian Hotels, Polycab India, and Tata Communications are scheduled to release their April-June quarter earnings reports today