Private lender HDFC Bank on Tuesday reported a 15 percent rise in third-quarter net profit to Rs 3,865.3 crore on the back of higher interest and fee income. Net interest income (interest earned less interest expended) for the quarter ended December 31, 2016 ... The Financial Chronicle, 1 month ago
Note-ban bites HDFC Bank, posts lowest-ever profit growth - Business Standard, 1 month ago
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Despite some disappointment over the Reserve Bank of India's decision to hold rates unchanged, the Indian stock market ended on a firm note last week (December 5 - 9, 2016), as traders kept picking up stocks almost consistently thanks to a positive trend in ...Sify, 2 months ago Sensex fails to hold early gains, ends 156 pionts down as RBI holds rates Sify, 2 months ago
Interest rates on bank FDs have started coming down and rates on other fixed-income products will also decline.Investors should lock into instruments offering higher returns, reports Sanjay Kumar Singh.Illustration: Uttam Ghosh/Rediff.com Being flush with liquidity and having limited avenues to deploy their funds, banks have begun to cut deposit rates. The State Bank of India, ICICI Bank and HDFC Bank, among others, have reduced fixed deposit rates by 15 to 25 basis points (bps) for retail ...Rediff.com, 2 months ago
MUMBAI (Reuters) - India's annual consumer price inflation eased to 3.17 percent in January, its lowest level in at least five years, helped by a sharp cooling in food prices, government data showed on Monday. Economists polled by Reuters expected last ...Sify, 1 week ago
After moving in a tight range till noon and drifting down a bit subsequently, the market suffered a sharp setback after the Reserve Bank of India decided to leave the repo rate unchanged, and despite a rebound in the final hour, ended on a slightly negative ...Sify, 2 weeks ago
A region-wise analysis of the sales recorded during Snapdeal's 'Unbox India' sale recorded maximum response from the North region, followed closely by the West and South.During the same period, a record number of applications were also received for the ...Business Standard, 1 month ago
Indian stocks, particularly those from the IT space and the pharmaceuticals sector are likely to see wild swings in the coming week with traders reacting to the U.S. President Donald Trump's sppech soon after assuming office on Friday. The expiry of January ...Sify, 1 month ago
TCS tops the list of 100 wealth creators for the fourth time in a row For a 2nd time in a row, the fastest wealth creator is Ajanta Pharma Asian Paints, Kotak Mahindra Bank and Sun Pharma are among the most consistent wealth creators Globally, renowned investors such as Warren Buffett, Charlie Munger and Phil Fisher have, among others, one thing in common - they follow or propagate a concentrated investing strategy. Simply put, they invest in fewer stocks, rather than spreading out their ...Rediff.com, 2 months ago
After four days of gains, markets succumbed to profit-booking today, with benchmark Sensex slipping 93 points to finish at 26,559, pressured by sustained foreign capital outflows amid mixed macro indicators. Sentiment soured after November manufacturing PMI ...Deccan Herald, 2 months ago
Four leading India-born CEOs including Microsoft's Satya Nadella and Mastercard's Ajay Banga who delivered big in taking their companies ahead have featured in Fortune's Businessperson of the Year list topped by Facebook founder Mark Zuckerberg. Nadella has been ranked fifth among 50 global corporate heads by Fortune magazine in its annual 'Businessperson of the Year' compilation, followed by CEO of Milwaukee-based maker of water heaters A O Smith, Ajita Rajendra, on the 34th spot, HDFC Bank's ...Rediff.com, 2 months ago
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