[ad_1] New Delhi: The private sector lender, which has underperformed Nifty Bank in the last two years, could grow up to 26 per cent in the next one year and also have a market capitalization of $100 billion in the next four years, said a foreign brokerage firm. Goldman Sachs said in a report. “we […]
ITC Stock: Big movers on D-ST: What should investors do with Jamna Auto, IDFC First Bank and ITC?
[ad_1] Supported by positive global cues, the Indian market on Monday broke its three-day losing streak. The S&P BSE Sensex rose over 300 points, while the Nifty 50 closed above the 15,800 level. Sector wise, buying was witnessed in FMCG, banks, capital goods and consumer durables, while selling pressure was witnessed in metal, energy, oil […]
Small Finance Bank: Will bearish market conditions prove to be a hindrance to AU SFB’s solid journey?
[ad_1] The lending base of small finance banks and private banks differ significantly. The Reserve Bank of India (RBI) has limited the amount that SFBs can lend; Private banks have no such restriction. essence AU Small Finance Bank, Ujjivan Small Finance Bank, Equitas Small Finance Bank and Suryodaya Small Finance Bank are the four small […]
AU Bank Share Price: CS launches coverage on AU Bank; CLSA slowdown on Maruti Suzuki
[ad_1] New Delhi: With increasing volatility in the domestic equity markets, global brokerage firms have turned negative on select underperformers of Dalal Street. Credit Suisse launches coverage With a target price of Rs 510, which is 18 per cent lower than the previous close of Rs 621.90. The stock is trading at 3.2x FY24E P/BV, […]
IndusInd Bank Share: Chart Check: IndusInd Bank forms a Head and Shoulders pattern; Less than target of Rs 650 in 1-2 months: Kapil Shah
[ad_1] The bank, part of the private sector banking sector, has fallen over 30 per cent from its October 2021 highs and puts the stock in a bear grip and the chart pattern suggests the pressure is likely to continue. The stock with a market capitalization of over Rs 63,000 crore hit a 52-week high […]
Big movers on D-ST: What should investors do with Nazra, HDFC and HDFC Bank?
[ad_1] The Indian market closed with gains for the second consecutive day on Friday. The S&P BSE Sensex rose over 450 points, while the Nifty 50 closed slightly below the 15,700 level. Buying was seen in telecom, auto, utilities, power and consumer discretionary sectors, while marginal selling was seen in IT stocks. The stocks that […]
HDFC Bank news: We could potentially add one HDFC Bank every five years, says CEO Jagadeesan
[ad_1] The private lender said on Tuesday that it would soon phase out its payments platform core banking Module to enable minimum payment downtime even when core banking is not available. The bank is also expected to launch additional products and services digital 2.0 includes a new payment platform for its customers and merchants. Addressing […]
Apollo: Apollo Global revisits ARC joint venture with ICICI Bank, ‘looking for exit’
[ad_1] US-based private equity giant Apollo Global management is rethinking its asset reconstruction company (arch) after failing to start due to intense competition in the troubled debt space and seeks new avenues to invest in the space through an Alternative Investment Fund (AIF). Five people familiar with Apollo’s plans said the company has decided to […]
Amalgamation Bank – The Economic Times
[ad_1] This refers to your edit ‘India needs new banks’ (ET, March 4). Financial inclusion and financial literacy will be of paramount importance while implementing the UID project as well as reforms to protect the interests of the poor. The modern banking system has lost its personal touch. Even citizens of semi-urban areas shy away […]
SBI Share Price: Likely to rise by over 50%! Should You Buy This PSU Bank?
[ad_1] () shares have fallen more than 20 percent since as recently as February 2022, holding the stock firmly in place. However, the brokerage has maintained its bullish stance and has price targets that indicate a rise of up to 50 per cent for the counter. SBI exited FY22 with 13.9 per cent return on […]