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Indian Bank Q4 Results: ₹308 crore provision for West Asia crisis; Board approves fund raise
Indian Bank’s Q4 profit rose 6%, while asset quality improved. The lender set aside ₹308 crore for West Asia risks, declared dividend, and approved plans to raise up to ₹5,000 crore.
Indian Overseas Bank Q4 results: Net profit rises 43% YoY to ₹1,505 crore, NII up 11% - Mint
Indian Overseas Bank Q4 results: Net profit rises 43% YoY to ₹1,505 crore, NII up 11%Mint
Indian Overseas Bank Q4 results: Net profit rises 43% YoY to ₹1,505 crore, NII up 11%
Indian Overseas Bank Q4 results: Net profit rises 43% YoY to ₹1,505 crore, NII up 11%
Indian Overseas Bank Q4 Results: Lower provisions aid profit, asset quality improves
In absolute terms, Indian Overseas Bank's Gross NPA stood at ₹4,409 crore from ₹4,529 crore in December, while net NPA improved to ₹637 crore from ₹707 crore earlier.
Today's Market: Sensex Today Trades Higher | Nifty Above 24,050 | Bandhan Bank Up 8% - Indian Stock Market News - Equitymaster
Today's Market: Sensex Today Trades Higher | Nifty Above 24,050 | Bandhan Bank Up 8% - Indian Stock Market NewsEquitymaster
Gainers & Losers: Jio Financial among 7 big movers on Thursday
Indian markets closed lower for a second straight session, with Sensex and Nifty falling over 1%. Selling pressure in IT, auto and financial stocks weighed on indices. Union Bank, Havells declined, while OFSS, Fractal Analytics and Jio Financial Services emerged as key gainers.
BOI, BoB CEOs get 3-year extension; Indian Bank ED term extended
ACC extends tenures of Rajneesh Karnatak at Bank of India and Debadatta Chand at Bank of Baroda as MD and CEO, and Ashutosh Choudhury as Executive Director at Indian Bank.
Trent, L&T to HDFC Bank: How are the worst-performing Nifty 50 stocks of last month faring in April?
Earlier this month, DSP Mutual Fund in its strategy report said that it is shifting from a conservative to a constructive view on the Indian stock market, as the correction has brought valuations closer to long-term averages.
Top Gainers & Losers on April 23: Union Bank, Trent, Havells, Ashok Leyland, OLA, Canara Bank among top losers
The Indian stock market faced significant declines on April 23 due to rising geopolitical tensions and high crude oil prices. The Nifty 50 fell 0.86%, while the S&P BSE Sensex dropped 1.12%. Sectoral losses were led by Nifty Auto, which fell 2.28%.
Finance ministry to meet bank CEOs on Anthropic ‘Mythos’ cyber risk
Indian bank leaders will meet the finance minister today. They will discuss protecting the nation's payment system. The focus is on cyber threats from a new AI model called Mythos. Banks are seen as vulnerable due to their interconnected IT platforms. This meeting follows reports of unauthorized access to the AI model. Global regulators are also discussing these potential risks.
Overseas acquisitions: Indian drugmakers shop for deals abroad as they move away from generics
Global uncertainties over the past two years, including US President Donald Trump’s tariff threats, price erosion in the generics market, and a Big Pharma shift towards biologics are forcing Indian drugmakers to seek new avenues of growth.
Stock market crash: Will the Nifty 50 sustain above 24K? These three bank stocks hold key
On April 22, Indian stock markets fell sharply, with the Sensex losing 831 points and Nifty 50 dropping 224 points. The decline was driven by IT and banking sectors amid global uncertainties, including the U.S.–Iran conflict and fluctuating crude oil prices, causing cautious investor sentiment.