Private banks' bottom line remains healthy in Q1, bad loans inch up

Private banks’ net profit grew 26.3 per cent year-on-year (Y-o-Y) to Rs 48,982 crore in the first quarter ended June 2024 (Q1FY25) owing to healthy growth in credit and other income.......

HDFC Bank's ADR premium plunges below 5%, lowest since June last year

The country’s most valuable lender HDFC Bank can perhaps no longer claim to be a favourite of foreign portfolio investors (FPIs). Photograph: Shailesh Andrade/Reuters Two data indicators,......

HDFC - HDFC Bank merger: What's in store for the shareholders?

HDFC and HDFC Bank’s merger – touted as India's biggest-ever corporate merger – pumped up shares of the two entities on the bourses. Photograph: Danish Siddiqui/Reuters Shares of......

What acquisition of Citi's retail biz means for Axis Bank

The quality of customers it acquires holds the key to success but the benefits of the buyout could kick in only from FY25. Manojit Saha and Subrata Panda report. Photograph: Arko Datta/Reuters......