Banking

Shares of entities interested in entering the banking space, including those from Reliance, Birlas, M&M and L&T groups, today surged as much as 8 per cent following RBI's guidelines for

The IIFL group has made a strong pitch for letting brokerages enter the banking fray, saying its success with 4,000-odd branches gives it the necessary bandwidth to replicate the same

Canara Bank today reported 18. 8 per cent decline in its net profit at Rs 710

Axis Bank said on Thursday it has raised a total of Rs 55. 4 billion through the sale of shares in the biggest equity deal in more than a

State Bank of India (SBI), the country's biggest lender, posted its smallest profit increase this year as bad loans constrained earnings growth, sending its shares lower.

Problem lending has risen

Shares of state-owned banks including Punjab National Bank, Union Bank and Central Bank of India today slumped by up to eight per cent on concerns of growing bad debts.
However,