Business

Most market analysts now believe that the SBI Card shares may not witness the blockbuster listing that investors were expecting initially as the Sensex and the Nifty has fallen into the bear market – which is marked by a 20% decline from recent highs.

SpiceJet said that the offer is applicable on bookings made for 14-days out across all channels. The discount will be applicable on one-way fares only, and can't be combined with any other offer and would not be applicable on group bookings, the airline a...

State Bank of India (SBI) shares lost over 9% after the lender waived average monthly balance maintenance for all savings.

Sources said the agenda of the high-profile meeting includes readiness of anchor banks to minimise disruption to customers and ensuring credit flow to productive sectors of the economy.

The company said it had received a show-cause notice from the Enforcement Directorate in relation to issue of warrants by the erstwhile Shriram Holdings (Madras) Pvt Ltd (SHMPL), which was amalgamated with STFC in April 2012, to a person resident outside...

Kapoor, 62, was arrested by the ED under provisions of the Prevention of Money Laundering Act (PMLA) here around 3 am on Sunday as he was allegedly not cooperating in the probe, officials earlier said.

Rana was questioned by the ED sleuths for over 20 hours after the central agency raided his residence on Friday night.

Yes Bank was on Thursday placed under a moratorium, with the RBI capping deposit withdrawals at Rs 50,000 per account for a month and superseding its board.

Yes Bank and SBI did not immediately respond to requests for comment.

The dollar index, which gauges the greenback's strength against a basket of six currencies, was marginally down at 97.33.

Stock markets held up fairly well in the first weeks of the coronavirus outbreak in China, but fell sharply when a large number of cases were reported in Italy

The BSE Sensex logged its second-biggest one-day fall in history on Friday, mirroring a carnage in world equities amid fears that the virus epidemic may turn out to be a bigger threat to the global economy than initially anticipated.

Responding to the GDP numbers released earlier today, the finance minister said 'if the ship is steady and moving forward, then you are doing well'.

For the week ended 28 February, the benchmark BSE Sensex crashed by as massive 2,873 points, or 7.5%, to end at 38,297.29, while the Nifty 50 index tumbled 879 points, or 7.8%, to 11,201.75.

About the delinquency rate in the cards business, Rao said like the parent HDFC Bank, which has the best asset quality with under 1.5 per cent bad loan levels, cards business also has the lowest NPA levels.

After plunging over 465.69 points during the day, the 30-share BSE barometer finally settled 143.30 points, or 0.36 per cent, lower at 39,745.66.