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Additionally, the central bank informed HDFC AMC that its ownership stake in both private banks should not be greater than 9.5%.
Brent futures for November delivery were down 44 cents, or 0.5%, at $89.18 per barrel. West Texas Intermediate crude (WTI) CLc1 in the United States decreased by 49 cents or 0.6% to $89.17.
Major factors contributing to the bearish trend include foreign fund outflows and a downturn in HDFC Bank's performance
He began his career at the bank in 1996 as a Manager in the Finance department.
Nifty Midcap 50 stocks closed 0.35% lower. Nifty Bank ended with a decline of 0.54%.
Management of the IPO-bound company chats with Sheetal Agarwal of IIFL to streamline the company’s strengths, performance and road ahead.
Swadesh Banking consolidates various segments including rural branches, banking outlets, banking correspondents, financial and digital inclusion units, and small and marginal farmer lending units
The Board of Indian Oil approved an additional investment of Rs 903.52 crore in Hindustan Urvarak and Rasayan Ltd at its meeting on September 15, 2023, according to a stock exchange filing.
This investment will be a collaborative effort involving Oil India and its subsidiary, Numaligarh Refinery Ltd (NRL), which will establish the ethanol plant.
Zaggle operates within the B2B2C segment and distinguishes itself as one of the few companies uniquely positioned to provide a wide range of financial technology products and services.