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Stocks in news: Marico, Adani Enterprises, Tata Motors PV, PB Fintech, PNB
Indian markets saw a second day of gains, with the Nifty reclaiming its 100-day moving average, signaling a bullish trend. Key companies like Marico, Tata Motors PV, and Adani Enterprises are in focus due to strong Q1 updates and fundraising plans. PNB and Bank of India reported significant credit growth, while HDFC Bank is enhancing its AI and fraud detection capabilities.
RBI Calls Cryptocurrency Threat To Indian Economy In Parliamentary Panel Statement
The central bank submitted that digital money could be used for illegal activities.
Sensex gains 579 points, Nifty ends above 24,150: 5 reasons why stock market rose today
Indian indices rose, Sensex up 579 pts, Nifty above 24,150, led by IT stocks, oil companies. Bank of Baroda fell on NMC Health settlement.
Stocks to watch: Bharti Airtel, Indian Bank, BPCL among shares in focus today; check list here - livemint.com
Stocks to watch: Bharti Airtel, Indian Bank, BPCL among shares in focus today; check list herelivemint.com
Stocks in news: Hero MotoCorp, Canara Bank, Bharti Airtel, Indian Hotels, SBI
Indian markets opened positively, with analysts suggesting a stock-specific strategy amidst consolidation. Hero MotoCorp sees a revival in commuter bike demand, planning capacity expansion. Canara Bank and Indian Bank reported strong credit growth. Bharti Airtel's NBFC arm has begun operations, while Indian Hotels plans significant capital expenditure. SBI launched AI-powered innovations, and BPCL is acquiring a stake in a Brazilian oil venture.
New KPI on the block: Indian companies from banking to consulting start appraising leaders on AI implementation
India Inc is stitching AI adoption into senior leadership performance appraisals. Companies like Axis Bank now demand measurable AI outcomes, signaling a shift from experimentation to accountability-driven AI integration.
Canara Bank, Indian Bank credit growth outpaces deposits
Leading public sector banks, including Canara Bank and Indian Bank, are experiencing a sustained trend where their loan disbursements are expanding at a quicker pace than customer deposits. Canara Bank saw its advances surge by 18%, while Indian Bank reported a 13.9% rise in credit. This robust credit expansion, particularly in retail, agriculture, and MSME sectors, signals a dynamic lending environment for these financial institutions.
Canara Bank, Indian Bank credit growth outpaces deposits
Leading public sector banks, including Canara Bank and Indian Bank, are experiencing a sustained trend where their loan disbursements are expanding at a quicker pace than customer deposits. Canara Bank saw its advances surge by 18%, while Indian Bank reported a 13.9% rise in credit. This robust credit expansion, particularly in retail, agriculture, and MSME sectors, signals a dynamic lending environment for these financial institutions.
Indian Bank's business crosses ₹15 lakh crore as loans and deposits continue to grow
Indian Bank reported a 13.6% rise in total business in the June quarter, with both loans and deposits growing at a healthy pace. Lending continued to outpace deposits slightly, while the bank's low-cost CASA deposits remained broadly stable.
Stocks to Watch for July 2: Coal India, Bharti Airtel, NMDC, Lupin, Indian Bank and more
From Bharti Airtel's NBFC launch to Lupin's EMA approval and Coal India's operational update, here are the stocks to track ahead of Thursday's trading session.
South Indian Bank's loan book jumps 17% to cross ₹1 lakh crore in Q1, deposits up 11%
South Indian Bank reported healthy business growth in the April-June quarter, with loans crossing ₹1 lakh crore and deposits rising over 11%, supported by steady growth in low-cost CASA deposits.
Indian Bank Q1 business update: Lender reports 13.3% growth in deposits, advances rise 13.9% - Mint
Indian Bank Q1 business update: Lender reports 13.3% growth in deposits, advances rise 13.9%Mint