SHARES OF BANKS fell by 2%-8% on Monday after lenders reported lower-than-expected growth in advances and deposits.
Union Bank of India emerged as the top loser, with its shares plummeting 8%. It was followed by Bank of Baroda, which saw a 5% decline. Shares of Punjab National Bank fell by 4% while Central Bank reported a 3.5% decline. Bank of India witnessed a 3% fall while HDFC Bank shares slipped by 2%.
هذه القصة مأخوذة من طبعة January 07, 2025 من Financial Express Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة January 07, 2025 من Financial Express Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Trump comeback: Honda to go slow on new EVs
HONDA MOTOR WILL be cautious about starting production of new electric vehicles due to uncertainty about US President-elect Donald Trump's industrial policy, a senior executive of the Japanese automaker said on Tuesday.
Flying taxis are on the horizon
Taking Commuting To New Heights
Bid for 2036 Olympics takes pan-India route
● Bhubaneswar, Bhopal, Pune to join Ahmedabad
Modest Q3 on the cards for India Inc
While sales of automobiles are believed to have been hurt by an inferior product mix and bigger discounts in December, banks have done less business as reflected in the slower credit growth.
Pritish Nandy dies at 73
Veteran journalist, poet and filmmaker Pritish Nandy passed away in Mumbai on Wednesday, sources close to him said.
The plan is profitability first, followed by IPO
Unacademy, an edtech company, is prioritizing profitability over rapid expansion, aiming for an IPO after achieving financial stability. The company has significantly reduced its losses and is focusing on its core business and a language learning app, Airlearn.
No Pre-emptive Tariff Overhaul
Over a few years to FY23, India had seen a significant tariff escalation, reversing the trend of progressive reduction of these import barriers, primarily in the wake of the pandemic.
India seeks NRI participation in 'Viksit Bharat'
THE 18TH PRAVASI Bharatiya Divas (PBD) convention kicked off here on Wednesday, with external affairs minister S Jaishankar calling upon NRIs and Persons of Indian Origin to actively participate in the quest for a 'viksit Bharat' (developed India).
Oil pares gains on dollar strength
OIL PRICES TRIMMED earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of supplies from Russia and other OPEC members and a drop in US crude stocks.
'Align AI and business goals for better results'
ENTERPRISES are increasingly recognising the value of multi-cloud architectures and the ability to capitalise on the unique strengths of various cloud platforms to enhance their operational capabilities
