Asset quality risk, a worry for IndusInd

A Rs 525-crore contingency provision during the July-September period led to a 19 per cent fall in IndusInd Bank’s share price on Friday (October 25). Photograph: Anushree Fadnavis/Reuters......

Small, midcap rally may lose steam

After a strong run in the midcap and smallcap indices, which surged 46 per cent and 43 per cent, respectively, on the National Stock Exchange (NSE) during Samvat 2080, analysts suggest that the......

Credit cards get a festive boost, spending increases 25% in Sep

Credit card spending in September recorded strong growth of 25 per cent year-on-year (Y-o-Y), marking the highest increase in six months. Even as many banks saw higher slippages during the......

HDFC Bank aims to reduce CD ratio, plans slower loan growth in FY25

The country’s largest private sector lender HDFC Bank on Saturday said it will grow its loan book slower than the industry in the current financial year (FY25). Photograph: Shailesh......