HDFC Bank's board approves ₹12,500 cr IPO for HDB Financial; stock up 3% on steady Q2
HDB Financial Services is expected to raise ₹12,500 cr via IPO, including fresh equities worth ₹2,500 cr and OFS of shares worth ₹10,000 cr by parent HDFC Bank.
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SBI plans to hire 10,000 in FY25; here’s how stock reacts
State Bank of India reportedly plans to hire 10,000 new employees and open 600 branches during the current financial year to improve its operations.
Axis Bank shares nosedive 7% post Q1; tumble 11% in five sessions
Axis Bank’s Q1 earnings missed estimates, due to higher credit costs as well as higher slippages, which pushed GNPA higher.
HDFC Bank shares gain 3% post Q1; should you buy, hold, or sell the banking stock?
Most brokerages have maintained ‘Buy’ ratings on HDFC Bank, projecting target price to be in the range of ₹1,850 to ₹2,000.
Bank NIFTY hits fresh record high, crosses 52,900 mark; private lenders lead
The rally in Bank NIFTY was in line with benchmark indices, with the BSE Sensex and NSE Nifty touching their respective new highs today.
Axis Bank shares edge lower amid block deal; Bain Capital likely seller
The U.S.-based private equity firm Bain Capital looks to exit from Axis Bank by selling its remaining stake at ₹1,071- ₹1,076.05 per share via block deal today.
SBI shares surge 12% in 3 days; m-cap tops ₹6 lakh cr; here’s why
State Bank of India shares gained as much as 6.4% to hit a record high of ₹718.80 intraday today, while the m-cap surged to ₹6.36 lakh crore.
Canara Bank shares jump 6% to hit 52-week high on stock split plan
The share price of Canara Bank has doubled in the last one year, from its 52-week low of ₹268.85 on Feb 24, 2023, to ₹550.50 today.
IOB becomes fifth PSU bank to hit ₹1 lakh cr mcap; stock price doubles in 6 months
Indian Overseas Bank shares gained as much as 7.9% to hit a fresh 52-week high of ₹56.22 on the BSE, while the m-cap surged to ₹1.2 lakh crore.
Why are PNB shares rising for 4 sessions?
The PSU lender has risen over 12% in the last four sessions, touching its fresh 52-week high of ₹110.95 in intraday trade today.
