Bank shares plunge up to 8% amid weak business updates
Financial Express Mumbai|January 07, 2025
Historically, the third quarter is not a great one for banks
AKSHATA GORDE & SACHIN KUMAR

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%.

この記事は Financial Express Mumbai の January 07, 2025 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Mumbai の January 07, 2025 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

FINANCIAL EXPRESS MUMBAIのその他の記事すべて表示
Financial Express Mumbai

Father of Saif stabbing accused says he left home without documents

THIRTY-EIGHT HOURS after he allegedly stabbed Saif Ali Khan at the actor's Bandra residence, Mohd Shariful Islam called his father back home in Jhalokathi, Bangladesh.

time-read
1 min  |
January 23, 2025
Israel-Hezbollah Truce Set to Extend Beyond Next Week
Financial Express Mumbai

Israel-Hezbollah Truce Set to Extend Beyond Next Week

The ceasefire agreement that paused the war between Israel and the Hezbollah militia in Lebanon will likely be extended when it expires next week, according to several people familiar with the matter.

time-read
1 min  |
January 23, 2025
Financial Express Mumbai

IndiGo to operate Jharsuguda to Mumbai daily flights

LOW-COST CARRIER IndiGo on Wednesday announced the launch of new flights between Mumbai and Odisha's Jharsuguda from March 1.

time-read
1 min  |
January 23, 2025
Financial Express Mumbai

Slow growth in foldable phones demand: Oppo

CHINESE SMARTPHONE MAKER Oppo said the company is not keen on launching foldable phones in India presently as the demand is yet to pick up for the product segment across the industry.

time-read
1 min  |
January 23, 2025
Financial Express Mumbai

HUL profit up 19.5% on Pureit sale

Dec qtr largely subdued without one-time gain

time-read
1 min  |
January 23, 2025
Financial Express Mumbai

Taxing for growth

A TAX POLICY FOCUSING ON A BROADER BASE AND SIMPLIFIED, LOWER RATES COULD BOOST ECONOMY

time-read
3 分  |
January 23, 2025
RG Kar: SC defers suo motu hearing
Financial Express Mumbai

RG Kar: SC defers suo motu hearing

THE SUPREME COURT on Wednesday cited paucity of time and deferred to January 29 the hearing on the suo motu case over the rape and murder of a trainee doctor at state-run RG Kar Medical College and Hospital in Kolkata.

time-read
1 min  |
January 23, 2025
Financial Express Mumbai

Trump Meme Coins Are a Disaster in Waiting

As a European who doesn't own Bitcoin, I enjoy a bit of schadenfreude when the cryptocurrency industry is really upset about something.

time-read
2 分  |
January 23, 2025
Jute MSP increased by 6% to ₹5,650/quintal
Financial Express Mumbai

Jute MSP increased by 6% to ₹5,650/quintal

The Cabinet Committee on economic affairs on Wednesday hiked the minimum support price (MSP) of raw jute by 6% to ₹5,650/quintal for the 2025-26 marketing season.

time-read
1 min  |
January 23, 2025
Financial Express Mumbai

India open to deals as US tariff looms

Trump's trade memorandum leaves room for bilateral deals

time-read
2 分  |
January 23, 2025