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Stocks to watch, July 10: L&T Finance, Dixon Tech, TCS, IT stocks, BoM, Indian Bank, Torrent Pharma, SAIL - Upstox
Stocks to watch, July 10: L&T Finance, Dixon Tech, TCS, IT stocks, BoM, Indian Bank, Torrent Pharma, SAILUpstox
Shriram Finance taps foreign banks for cheaper debt
DBS Bank, HSBC, Standard Chartered and MUFG are among the banks which have lined up to provide this loan. ET could not ascertain the names of all lenders. "The loan has been launched with half a dozen banks already lining up for the first underwriting.
Shriram Finance taps foreign banks for cheaper debt
DBS Bank, HSBC, Standard Chartered and MUFG are among the banks which have lined up to provide this loan. ET could not ascertain the names of all lenders. "The loan has been launched with half a dozen banks already lining up for the first underwriting.
Top Gainers & Losers on 3 July: Zensar Tech, HFCL, IndusInd Bank, Muthoot Finance, Lupin among top gainers - livemint.com
Top Gainers & Losers on 3 July: Zensar Tech, HFCL, IndusInd Bank, Muthoot Finance, Lupin among top gainerslivemint.com
Former finance services secy Rajiv Kumar named HDFC Bank part-time chairman
Kumar (66), a seasoned public policy leader and financial sector reformer, is widely credited with playing a key role in revitalising India's banking and financial system during a period of significant stress between 2017 and 2020. During his tenure, he strengthened governance, risk management and regulatory oversight across banks by institutionalising specialised monitoring of large exposures and introducing technology-driven risk assessment systems.
Former finance services secy Rajiv Kumar named HDFC Bank part-time chairman
Kumar (66), a seasoned public policy leader and financial sector reformer, is widely credited with playing a key role in revitalising India's banking and financial system during a period of significant stress between 2017 and 2020. During his tenure, he strengthened governance, risk management and regulatory oversight across banks by institutionalising specialised monitoring of large exposures and introducing technology-driven risk assessment systems.
HDFC Bank taps Axis' outgoing CFO Puneet Sharma as new finance chief
HDFC Bank has appointed Puneet Sharma as its new finance chief, following his resignation from Axis Bank. Sharma, who will officially become CFO on December 1, 2026, brings extensive experience from his previous roles at Tata Capital and Citibank. His departure from Axis Bank, where he served as Group Head and CFO since March 2020, was announced on June 28.
Six of top-10 firms add ₹88,678 crore in mcap, ICICI Bank biggest winner
The combined market valuation of 6 of the top-10 most valued companies went up by Rs 88,678.1 crore in a holiday-shortened last week, with ICICI Bank emerging as the biggest winner. Last week, the BSE benchmark Sensex climbed 297.57 points, or 0.38 per cent, and the NSE Nifty went up by 42.9 points, or 0.17 per cent. "Markets ended the holiday-shortened week with modest gains, advancing in three of the four trading sessions. Sentiment remained constructive, supported by easing crude oil prices, improving geopolitical developments in West Asia, and selective buying by foreign institutional investors (FIIs)," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. While Reliance Industries, HDFC Bank, ICICI Bank, State Bank of India, Bajaj Finance and Larsen & Toubro were the gainers, Bharti Airtel, Tata Consultancy Services (TCS), Life Insurance Corporation of India (LIC) and Hindustan Unilever faced erosion from their valuation. The market valuation of ICICI Bank jumped Rs ...
RBI opens term money market to AIFIs, housing finance companies
The Reserve Bank of India has opened the term money market to All India Financial Institutions and housing finance companies, allowing them to borrow and lend. Prudential borrowing limits for primary dealers have also been significantly increased. These moves aim to deepen market participation and improve liquidity, ultimately strengthening monetary policy transmission by linking short-term and long-term interest rates.
RBI opens term money market to AIFIs, housing finance companies
The Reserve Bank of India has opened the term money market to All India Financial Institutions and housing finance companies, allowing them to borrow and lend. Prudential borrowing limits for primary dealers have also been significantly increased. These moves aim to deepen market participation and improve liquidity, ultimately strengthening monetary policy transmission by linking short-term and long-term interest rates.
RBI draft allows AIFIs, HFCs to borrow from call money
The Reserve Bank of India (RBI) has proposed allowing All India Financial Institutions (AIFIs) and housing finance companies (HFCs) to borrow in the term money market, while also increasing borrowing limits for standalone primary dealers to strengthen liquidity and market participation.
Sterling Bank selects Infosys Finacle SaaS platform for its transformation program
Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, and Sterling Bank of Asia (Sterling Bank), one of the most progressive banks in the Philippines, today announced the bank's decision to select Infosys Finacle Software-as-a Service (SaaS) platform for its transformation program. Sterling Bank has opted to leverage the Finacle Core Banking, Finacle Customer Data Hub, Finacle Trade Finance, and Finacle Origination solutions for its requirements. Through this strategic collaboration with Infosys Finacle, Sterling Bank expects to enhance the experience of both employees and customers, maintain high standards of availability and reliability in its banking services, and reduce operational complexity through automation and digitization, thereby supporting its future growth.