SBI shares slumped 5% despite strong growth in Q4 profit; here's why
Post Q4 results, SBI share price plunged 7.75% from the day’s high as top and bottom line growth failed to meet market estimates.
banking industry
May 2022
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January 2022
Small Finance Banks in a League of Their Own
SFBs are taking financial inclusion beyond account opening and creating income opportunities in remote areas.
Payments banks’ trial by fire?
Contrary to market perception, payments banks such as Fino and Airtel have turned profitable.
Learning to Live with Fintech
It takes two to tango, and banks and fintechs are increasingly realising this. while such tie-ups help the former slash operational costs, for the latter, it promises access to a wider universe.
Bandhan Bank share rebounds 7% from day’s low; here’s why
Shares of Bandhan Bank rallied amid a surge in volume trade as more than 5 crore equity shares of the private sector lender changed hands via block deals.
How banking frauds mount
AGB Shipyard’s loan defaults were known since 2013 and continued to be ignored till 2016. Its frauds were found out in 2019 and yet not much happened until it exploded in February 2022.
This PSU stock doubled investor money in 8 months; did you miss the rally?
This largecap bank shares have hit a two-year high of ₹118.35 intraday today on the back of strong December quarter earnings.
SBI Q3 net rises 62% to ₹8,432 crore, provision drops 32.5%
SBI Q3 results: The PSU bank continued to report improvement in asset quality, with gross NPA falling to 4.5% in Q3 FY22, from 4.77% in the year-ago period, and 4.9% in Q2FY22.
Budget 2022: Bank stocks rise up 4% ahead of Budget presentation
IndusInd Bank, ICICI Bank, Axis Bank, HDFC Bank, and Kotak Mahindra Bank were among top five gainers in the banking sector.
78% expect bank frauds to rise up to 2024
While banks have increased investments towards fraud risk management and monitoring systems and controls, these efforts seem insufficient, says Deloitte India.
