Mutual funds collect Rs 1.18 lakh cr via NFO in 2024

Asset management companies launched 239 new fund offerings (NFOs) mobilising Rs 1.18 lakh crore in 2024, with sectoral or thematic equity funds emerging as the top choice of investors, according to......

HDFC Bank Q3 profit edges up 2.3% on slower loan growth

HDFC Bank on Wednesday reported a 2.3 per cent year-on-year rise in its consolidated net profit to Rs 17,657 crore for the October-December quarter, restricted by slower loan growth. Photograph:......

Kotak Mahindra Bank's margins to improve after ban removal: Brokerages

Kotak Mahindra Bank’s net interest margin is likely to swell after the Reserve Bank of India (RBI) lifted its restrictions on the private lender that barred it from issuing fresh credit cards......

HDFC Bank Q3 a 'strong' quarter despite just 2% profit growth: Analysts

Analysts have largely maintained their positive outlook on HDFC Bank, as the private lender reported in-line results for the October-December quarter (Q3) of the current financial year......