Page 4 - Private Banks

At what level does IndusInd Bank stock become a Buy? What analysts say

Investors should not rush into IndusInd Bank stock right now, but buy on news flow and in a phased manner, reckons Gaurang Shah of Geojit Financial Services.

IndusInd Bank stock outlook: Chart shows 30% fall, can slip to Rs 500-mark

Technical chart hints up to 10% downside risk for the Bank Nifty; among private banking shares HDFC Bank looks weak; while ICICI Bank and Axis Bank may trade with a favourable bias in the near-term.

Bank holiday for Mahashivratri 2025: Are banks open on February 26?

On Wednesday, February 26, banks will stay closed in certain states because of Mahashivratri. This week, banks in a number of cities will be closed for two days, but not consecutively

Analysts bullish on Federal Bank after new CEO unveils plan for growth

The Federal Bank shares popped 2.03 per cent to hit an intraday high of Rs 183.35 per share

Bandhan Bank share pops 5% as CLSA upgrades to 'High Conviction Outperform'

The rally in Bandhan Bank's share price followed an upgrade from Hong Kong-based brokerage firm CLSA, which raised its rating to 'High Conviction Outperform' from the previous 'Outperform' rating

Citi India to buy $1 bn of asset-backed securities amid slow deposit growth

Private banks have historically been rare in the market, but have begun tapping it or exploring deals amid regulatory pressure

Bandhan Bank hits life-time low, stock down 80% in 5 years; Time to buy?

Technical chart shows that Bandhan Bank stock is likely to trade with a bearish bias as long as the stock remains below Rs 132.80; A counter rally can lead to 28% upside; check key levels here

SBI sees sector's personal loan woes easing on tighter credit rules

Private banks and non-bank lenders have grown their personal loan books aggressively but reported an increase in bad loans in the six months through December

RBI allows 156 vostro accounts with 26 banks for rupee trade settlement

The government on Friday said so far the RBI has permitted 123 correspondent banks from 30 trading partner countries to open 156 Special Rupee Vostro Accounts (SRVAs) with 26 banks in India to promote bilateral trade in local currencies. The RBI has also entered into local currency settlement system arrangements with select trade partner countries like the UAE, Indonesia and Maldives for encouraging settlement of cross-border trade in rupee and the local bank of the partner country, Minister of State For Commerce and Industry Jitin Prasada said in a written reply to the Rajya Sabha. "As on date, RBI has permitted 123 Correspondent banks from 30 trading partner countries for opening of total 156 SRVAs with 26 AD (authorised deal) banks in India," he said. The government in consultation with the RBI, has taken several steps towards increasing the availability and acceptability of the domestic currency and use of other local currencies for cross-border transactions. This would enable

Customer service, higher interest rates to drive pvt banks' deposit growth

More important is customer service, like these days, digital banking, mobile banking, our internet banking, how these are synchronised

Private banks stumble on agriculture, microfinance slippages in Q3

Credit cost for most of the lenders increased due to higher provisions, mainly for unsecured retail loans

ICICI Bank's net profit up 14.8% to Rs 11,792 crore in Q3FY25, NII up 9.1%

ICICI Bank's net interest margin dropped marginally by 2 basis points to 4.25 per cent in Q3 compared to 4.27 per cent in the previous quarter, margins to stay stable until rate cut cycle starts

ICICI Bank shares fall nearly 3%, hits four-month low ahead of Q3 results

The stock price of the private sector lender is trading at its lowest level since September 9, 2024 and has corrected 11% from its previous month high of Rs 1,350.20 touched on December 16.

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

Slippages to NPAs in credit card, microfinance segments increase

Macquarie likes pvt banks over PSBs as FY26 may be the 'year of stability'

HDFC Bank, SBI, ICICI Bank share price target: Macquarie raises share target price of HDFC Bank, ICICI Bank, SBI, cut IndusInd Bank share price target

IndusInd Bank down 4% as Goldman Sachs downgrades to 'Neutral', cuts target

The downfall in the IndusInd Bank share price came after reports indicated that the New York-based brokerage Goldman Sachs downgraded the stock to 'Neutral'

CSB Bank shares surge 6% as loan, deposits grow over 20% in Q3FY25

CSB Bank share: CSB Bank's total deposits surged 22.17 per cent year-on-year (Y-o-Y) to Rs 33,406 crore in Q3FY25

Private banks masking worsening retail asset quality with write-offs: RBI

The GNPA ratio for unsecured lending was marginally higher, at 1.7 per cent

Karur Vysya bank expands footprint with 4 new branches in Tamil Nadu

Private sector Karur Vysya Bank has inaugurated four new branches in Tamil Nadu, under its plan to strengthen presence, taking the overall branch network to 862, the bank said on Sunday. The Tamil Nadu headquartered bank had inaugurated 24 new branches in the current financial year. The four new branches were inaugurated in Madurai, Tiruppur, Krishnagiri and Chennai, a press release said here. The new branches would cater to provide all basic banking transactions and also to specific needs of customers and would also offer the entire spectrum of banking and financial services. Karur Vysya Bank as on September 30, 2024 reported a total business of Rs 1,76,138 crore and a net profit of Rs 932 crore. The net non-performing asset of the bank as on September 30, 2024 stood at 0.28 per cent, the release added.

IndusInd Bank share drops 3%, hits 52-week low as UBS slashes target price

The fall in the IndusInd Bank share price came after Zurich, Switzerland-based brokerage UBS slashed its target price to Rs 1,150 per share, according to reports