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Stay updated with the latest market trends, earnings, and economic indicators.
Trading guide: Nifty eyes 24,750; AB Capital, SBI, LIC HFL on analyst radar
Stocks to buy: Ajit Mishra of Religare Broking recommends buying the shares of Aditya Birla Capital, LIC Housing Finance, and SBI today
How AI bots hired over 260 candidates at Piramal Finance
Piramal Finance, a non-bank financier, hired 262 entry-level sales executives entirely using an artificial intelligence (AI) bot.
Quick Wrap: Nifty PSU Bank Index gains 2.84%, NIFTY jumps 1.24%
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Small caps put on their best monthly showing since 2020. Bank of America says there's more upside ahead
Bank of America sees further upside for small caps after Russell 2000s strong April, highlighting ETFs SMLF, JSML, and AVDV, while advisers suggest a modest 5 to 10 percent allocation
Anthropic creates 10 new AI agents for bank and finance work, will there be bloodbath on stock market again? - India Today
Anthropic creates 10 new AI agents for bank and finance work, will there be bloodbath on stock market again?India Today
Anthropic creates 10 new AI agents for bank and finance work, will there be bloodbath on stock market again? - India Today
Anthropic creates 10 new AI agents for bank and finance work, will there be bloodbath on stock market again?India Today
Global uncertainties impact gold loan prices; so CSB will remain cautious
In light of recent fluctuations in gold prices prompted by international unrest, CSB Bank is reassessing its approach to gold-backed lending, particularly with gold jewellery. This strategic pivot will see the bank prioritize wholesale and small business loans, anticipating a more measured growth in its gold loan portfolio this year.
Global uncertainties impact gold loan prices; so CSB will remain cautious
In light of recent fluctuations in gold prices prompted by international unrest, CSB Bank is reassessing its approach to gold-backed lending, particularly with gold jewellery. This strategic pivot will see the bank prioritize wholesale and small business loans, anticipating a more measured growth in its gold loan portfolio this year.
Banks cede consumer durable loans to NBFCs as credit cards take over small-ticket financing
Bank loans for washing machines and televisions are falling. Banks are now focusing on credit cards for these purchases. Non-banking finance companies are taking over this market. This trend is driven by the small loan amounts involved. Consumer durable loans represent a tiny fraction of total bank lending. This shift is expected to continue.
CSB Bank cautious on gold loans, focuses on wholesale business, says MD Pralay Monda
CSB Bank, a lender backed by Prem Watsa, is adopting a cautious stance on gold loans following global uncertainties. The bank intends to shift its focus towards wholesale and small business lending. Having completed its digital transformation, CSB Bank is now poised to expand its product offerings.
Adani, Arcelor among firms setting up treasury operations in GIFT City, sources say
Major firms like Adani, Bharti Airtel, Genpact, and ZF Friedrichshafen are setting up treasury operations in India's GIFT City. This tax-neutral finance zone offers cheaper funding and lower taxes on remitting dividends. Seventeen corporate treasuries are expected to begin operations in the next three months. This move aims to rival financial hubs like Singapore and Dubai, attracting global capital management.
Earnings likely to improve, but rising oil could hurt in short term: SBI Securities
Sunny Agarwal, Head of Fundamental Research, Retail Desk at SBI Securities, expects double-digit earnings recovery over FY27–28, despite near-term risks from crude-led margin pressure in Q1. He sees mid- and small-cap opportunities in hospitality, capital markets, and select banks, with improving return ratios. He also flags recovery in building materials and consumer staples, while infra push and regional growth could support sectors like cement and logistics.