Ireda's high valuation may limit further stock upside

State-owned Indian Renewable Energy Development Agency’s (Ireda’s) chairman and managing director Pradip Kumar Das has announced that the company has requested the government to allow......

RBI Flags Concern Over Illegal Accounts

'We found certain banks having lakhs of such accounts with apparently no valid reason.' Photograph: Francis Mascarenhas/Reuters   The Reserve Bank of India is alarmed that some banks have......

Can the 'new' HDFC Bank reclaim its old glory?

For over a decade, HDFC Bank consistently outperformed industry growth rates in both deposits and advances, maintaining impeccable asset quality. IMAGE: Sashidhar Jagdishan, managing director and......

Loan growth may drive further gains for LIC Housing

LIC Housing Finance (LICHF) delivered a healthy FY24 with improvements in net interest margin (NIM) and credit costs and an improved return on assets of 1.7 per cent compared to an average of 1.3......