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Diwali's done-India's spending streak isn't

MUMBAI, Nov. 24 -- India's consumption engine appears to have kept humming well past the Diwali rush, with digital payments showing none of the usual post-festival fatigue. Daily spends through UPI, c... Read More


Debt-laden Kinara Capital looks to sell majority stake for survival

Mumbai, Nov. 12 -- Crisis-hit non-bank financier Kinara Capital Pvt. Ltd is tapping strategic investors-fintechs and other non-banking financial companies (NBFCs)-to pump in funds in exchange for a ma... Read More


SBI Q2 profit rises 10% led by stake sale in Yes Bank

Mumbai, Nov. 4 -- State Bank of India on Tuesday reported a net profit of Rs.20,160 crore in the second quarter of FY26, up 10% from the same period last year, led by an exceptional gain from the sale... Read More


SBI Q2 profit rises 10% led by exceptional gain from stake sale in Yes Bank

Mumbai, Nov. 4 -- State Bank of India on Tuesday reported a net profit of Rs.20,160 crore in the second quarter of FY26, up 10% from the same period last year, led by an exceptional gain from the sale... Read More


SBI posts 10% rise in Q2 profit on Yes Bank stake sale

Mumbai, Nov. 4 -- State Bank of India on Tuesday reported a net profit of Rs.20,160 crore in the second quarter of FY26, up 10% from the same period last year, led by an exceptional gain from the sale... Read More


Banks cut government debt holdings to increase advances as deposit growth slows

Mumbai, Nov. 3 -- Banks in India have been liquidating their holdings in government securities in order to fund credit growth as deposits remain hard to come by, Reserve Bank of India (RBI) data showe... Read More