7% Interest On Yes Bank Deposits; Is It Safe To Invest Now? 2020/10/11 02:30:18 Goodreturns
Yes Bank is among the few banks probably along with IndusInd Bank and IDFC First, which offer you interest rates very near that 7% mark on deposits. If we look at some of the larger players like SBI, ICICI Bank, HDFC
Sensex rallies 327 points post RBI policy outcome; extends gains for 7th day 2020/10/09 10:56:00 The New Indian Express
ICICI Bank was the top gainer in the Sensex pack, rising around 3 per cent, followed by Axis Bank, HDFC twins, SBI, L amp;T, ONGC and Infosys.
Sensex soars over 300 points after RBI keeps benchmark rate unchanged 2020/10/09 08:52:03 Hindustan Times
In the Sensex pack, L&T was the top gainer, rising by around 3%. It was followed by HDFC twins, ICICI Bank, Axis Bank, ONGC and SBI.
Growth optimism drives markets higher, Bankex surges nearly 3% 2020/10/09 06:20:21 Livemint
The banking and financial services stocks and housing finance companies shares rallied led majorly by HDFC Bank, ICICI Bank, State Bank of India and Axis Bank.Rationalisation of risk weightage of home finance companies is an innovative initiative which will bring home loan rates down, say experts
Rate Sensitive Stocks Trade Higher On RBI MPC Outcome 2020/10/09 04:58:55 Goodreturns
After the RBI maintains status quo on, rate sensitive stocks are trading higher with Nifty Bank and Nifty Auto, which is up 0,73% and 0.29%, respectively. Major banks pushing the Nifty Bank Index higher are HDFC Bank, ICICI Bank, SBI, Axis
Is it time to allocate more to ICICI, Axis & Kotak? 2020/10/07 05:30:04 Economic Times India
It is time to have a slightly larger allocation for some of the banking names like ICICI Bank, Axis Bank, Kotak Bank and even some of the NBFCs, says Hemang Jani, Equity Strategist & Senior Group VP, MOFSL. On HDFC Across all the financial companies, HDFC is the only one which actually made a new high and has crossed even pre-Covid levels whereas many financial companies including banks are substantially below the high that we saw in January and February. It is absolutely amazing to see a finance company which is able to report this kind of a new high. Also their overall growth outlook is better. This is important in view of the fact that some of the housing finance companies like Indiabulls and Dewan Housing have actually gone through much pain. There can also be market share gain by HDFC. This is one stock where one should definitely have a significant amount of exposure from a long term view. On Bajaj Finance There is a clear case of disappointment both in terms of AUM and disbursement growth.
Betting on pharma? Build a basket of these stocks 2020/10/07 03:21:36 Economic Times India
If an investor has a slightly longer-term view, he should make a pharma basket and consider largecaps like Sun Pharma or Dr Reddy’s even at current levels. Enlarge the basket by including Aurobindo and Natco Pharma and the smaller names like Shilpa Medicare in the mix, says Sudip Bandyopadhyay, Group Chairman, Inditrade Capital. On positive commentary from IndusInd Bank & HDFC BankThe market has been too pessimistic about the banks’ prospects. We are on the recovery path and under the circumstances, banks businesses are growing and that is what is getting played out. Indications from some of the top banks including HDFC Bank are encouraging. Overall, even now, some banks are looking reasonably priced. There is still a valuation advantage in ICICI Bank and SBI and investors can consider buying these banks at current level. HDFC Bank and IndusInd have moved up quite a bit and so I do not see much gain in the short term, but for somebody with a long-term view, these are good buys.On top bets in pharmaPharma definitely needs to be in one’s portfolio at this stage.
After HDFC and ICICI, Axis Bank to offer pay hikes 2020/10/06 12:51:43 Sify.com
Mumbai: Axis Bank is reported as considering a 4 to 12 percent hike in salaries to its employees. A Bloomberg report made the claim without revealing the identity of the official in question. Axis Bank's plans of a hike would be evaluated based on performance of employees. For 76,000 staff of Axis Bank, the move could be a special bonanza given that it would be in addition to bonuses. If implemented, Axis Bank could join other banks such as ICICI or HDFC Bank in offering a pay hike. In the case of HDFC bank, a bonus and pay hike was offered in April. At ICICI bank, a majority of employees received bonus and pay hike in July.
ICICI Bank offers debit card to borrowers availing Loan Against Securities – Check benefits 2020/10/06 07:06:00 The Financial Express
Under LAS, the loan is based on the value of the securities and one can get an overdraft facility of up to a certain value.
ICICI Bank launches debit card facility for customers availing loan against securities 2020/10/06 06:31:56 Economic Times India
The debit card will be issued to new customers who avail LAS and will be automatically renewed upon renewal of the LAS account.Customers get a digital debit card within one business day of availing LAS, which can be accessed on the Bank's mobile app iMobile.
Indian banks set to raise $5 billion in next 10 days 2020/08/05 11:19:26 Times Now
ICICI Bank, Axis Bank, IndusInd Bank, Yes Bank have announced fundraising plans lined up in 10 days ahead
Bank stocks in focus; Nifty Bank up 2%; Axis Bank, HDFC Bank rally up to 4% 2020/08/05 05:34:00 Business Standard
Read more about Bank stocks in focus; Nifty Bank up 2%; Axis Bank, HDFC Bank rally up to 4% on Business Standard. Financial stocks were trading actively on Wednesday ahead of the Reserve Bank of India's monetary policy outcome, due Thursday. RBL Bank, IndusInd Bank, SBI, ICICI Bank & Bandhan Bank gained up to 5%
Axis Bank, ICICI Bank drive Sensex above 38,000, Nifty reclaims 11,200; here’s what pushing markets 2020/08/05 05:28:00 The Financial Express
Indices were trading higher ahead of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting outcome
Trending stocks: ICICI Bank shares gain nearly 2% 2020/08/05 04:32:31 Economic Times India
Shares of ICICI Bank Ltd. traded 1.98 per cent up in trade at 10:05AM on Wednesday.