Latest Updates Around The World
PSBs have increased lending control and close monitoring of repayments, minimizing deterioration in asset quality | Photo credit: iStockphoto Public sector banks (PSBs) have upped their game in credit underwriting, preventing further slippages, while private sector banks (PvSBs) appear to be lagging behind in this area. This is confirmed by the central bank’s data for […]
Indian equity markets are still in a consolidation phase, but the broader trend remains positive, said Sneha Seth, derivatives analyst at Angel One.Speaking to ET Now, Seth said the recent break around the 26,200 level on the Nifty 50 is largely due to call-side positioning and mild profit booking, rather than any structural weakness. Helpful […]
Pankaj Chaudhary, Minister of State for Finance Shareholdings of foreign investors in five of the 12 public sector banks (PSBs), including SBI and Bank of Baroda, fell at the end of FY25, data presented by the Finance Ministry in Rajya Sabha on Tuesday showed. The ministry clarified that there is no plan to increase the […]
Indian stock markets remain near record highs, but the rupee’s sudden crash and sharp global volatility have raised red flags for investors, says market expert Ajay Bagga. Despite strong AI optimism in global markets early Thursday, US indices reversed sharply, and the ripple effect spread to Asia. RBI missing as Rupee crashes below 89 Calling […]
In a market where investors are actively seeking value, financial institutions – especially private sector banks – are struggling to keep pace. Even after several rounds of analysis and optimism earlier this year, the segment continues to underperform, prompting a deeper investigation into the cause of this difference.Speaking to ET Now, Sunil Subramaniam, Founder and […]
Credit card transactions have skyrocketed over the years, with the transaction volume increasing from 208.7 crore in 2019 to 447.2 crore in 2024, while the value increased from ₹7.1 lakh crore to ₹20.4 lakh crore. | Photo credit: Kunakorn Rassadornyindee Private sector banks continue to dominate the credit card space in India and are focusing […]
