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MF assets surge 23% to hit record Rs 65.74 lakh cr in FY25

Mutual fund assets surged 23 per cent or over Rs 12 lakh crore year-on-year to reach a record of Rs 65.74 lakh crore in FY25, propelled by robust net inflows and mark-to-market gains amid buoyant......

Q4 result preview: Banks' net profit likely fell 4% on NIM pressure

Net profit of 19 listed banks is likely to decline by 4 per cent year-on-year (Y-o-Y) for the quarter ended March (Q4FY25) mainly due to pressure on net interest margins (NIM) as a result of rate......

IndiGo Q3 profit falls 18% to Rs 2,449 cr on forex loss

The country's largest airline IndiGo on Friday saw its profit after tax slide 18.3 per cent to Rs 2,448.8 crore in the three months ended December 2024 due to foreign exchange loss even as revenue......

Long runway of growth for AMCs

Asset management companies are likely to report strong PAT growth in Q4FY24 on the back of AUM growth Illustration: Uttam Ghosh/Rediff.com Although net inflows into equity mutual funds......

HDFC bucks trend, reports MTM gains

At a time when a large number of companies and banks are reporting mark-to-market losses on derivatives, mortgage lender Housing Development Finance Corporation on Wednesday said it has made an MTM......

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