IndusInd Bank shares crash 19% on weak Q2; analysts cut target price
Brokerages have mostly maintained ‘BUY’ call on IndusInd Bank, but slashed target price to up to ₹1,290 per share.
Brokerages have mostly maintained ‘BUY’ call on IndusInd Bank, but slashed target price to up to ₹1,290 per share.
YES Bank shares jumped as much as 8.4% to ₹27.08, while the market capitalisation climbed to ₹81,665 crore.
Despite hiccups such as IL&FS crisis and increase in risk weights, non-banking financial companies continue to make their presence felt.
The combined profit of listed public and private sector banks surged 39% to ₹3.1 lakh crore in FY24, compared with ₹2.2 lakh crore in FY23.
Non-bank micro credit lenders have widened their lead over banks with 39% market share.
Business restrictions are imposed only when constructive engagement doesn't work, RBI governor says on the regulator's action on Paytm Payments Bank.
Such concentrated linkages may create a contagion risk, says Shaktikanta Das
RBI must make public the debtors who are marked 'fraud' and 'wilful defaulter' to stop money laundering, fleeing the country and also to prevent negligence of banks, law enforcement agencies, if any
RBI report shows women account for 39% (₹37 lakh crore) of overall individual deposits
A focus on small businesses has helped the regional rural bank post-performance ratios similar to the biggest and the best in banking.