BoI hikes rates for big deposits, DCB offers rewards on UPI spends January 3rd, 2024 06:30
State-run Bank Of India has introduced a 'super special fixed deposit' at an interest rate of 7.5% for deposits between ₹2 core and ₹50 crore, while DCB Bank has launched a savings account that offers cashback for digital transactions.

RBL sells ₹800-crore stressed credit card loans to Kotak Bank January 3rd, 2024 06:30
Credit card repayment delays account for about one-fifth of the total gross non-performing assets (NPA) of RBL Bank, which is seeking to clean up its books after a change of guard at the private lender that lost more than 50% in its market capitalisation over the past five years.

SBI raises $1 billion in offshore syndicated loan January 3rd, 2024 06:30
"The success of this transaction reflects the improvement in the bank's credit and business profile, which is the result of tremendous work put in by SBI as a team over the years," SBI Chairman Dinesh Khara said exclusively to ET.

Vedanta Resources bond rejig gains traction with higher early consent fee January 3rd, 2024 06:30
The company had pushed the early consent deadline from December 27 to January 2 on investor demand. Early consent fee of 2% will boost the overall return to the bond holders, who are already getting higher coupons on the bonds, said a consenting bondholder.

Nifty likely to move up after polls, trade at 23,500-24,300 January 3rd, 2024 06:30
For the Nifty Mid-cap 100, SBI Sec has set a target range of 51,000-53,000, which implies an upside of 10% to 14%. The index closed at 46,389 on Tuesday. The target range for the Nifty Small-cap 100 has been set at 16,500-18,000, implying gains of as much as 18.5% over the index's Tuesday closing of 15,189.

Voda Idea denies reports of talks with Musk's Starlink, shares slide January 3rd, 2024 06:30
The shares had hit a 52-week high intraday Monday, gaining nearly 40% in two trading sessions after the report emerged on the Starlink talks.

Radhakishan Damani acquires 1.4% more in VST Industries January 3rd, 2024 06:30
As per BSE bulk deals data, Damani acquired 2.23 lakh shares in the company at an average price of ₹3,390 per share, in a transaction of ₹75.6 crore.

Stocks in news: VST Industries, DMart, Hindustan Zinc, RVNL, Adani Enterprises January 3rd, 2024 06:30
Bank of Maharashtra's total business rose 19% year-on-year to Rs 4.35 lakh crore in the December quarter, compared with Rs 3.66 lakh crore.

Adani stocks in focus today as Supreme Court to decide whether Hindenburg was right January 3rd, 2024 06:30
The Adani Group has dismissed the charges as lies, saying it complies with all laws and disclosure requirements.

Jyoti CNC Automation IPO to hit D-St on Jan 9 with Rs 1,000-crore fresh issue January 3rd, 2024 06:30
Jyoti CNC Automation IPO | The initial public offering comprises only a fresh issue by the company and there is no offer-for-sale component.