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Bank Stocks Rally

CSB Bank shares surge 6% as loan, deposits grow over 20% in Q3FY25

CSB Bank share: CSB Bank's total deposits surged 22.17 per cent year-on-year (Y-o-Y) to Rs 33,406 crore in Q3FY25

CSB Bank shares surge 6% as loan, deposits grow over 20% in Q3FY25
Updated On : 02 Jan 2025 | 9:54 AM IST

PSU bank stocks surge up to 39% in 2024; what does 2025 hold in store?

PSU bank stocks: The Nifty PSU Bank index has surged 24.08 per cent on the National Stock Exchange (NSE) thus far in CY24

PSU bank stocks surge up to 39% in 2024; what does 2025 hold in store?
Updated On : 12 Dec 2024 | 10:54 PM IST

RBI Policy Impact: Financials gain, PSU Bank index rises 2% on CRR cut

Uco Bank, Indian Overseas Bank, Central Bank of India, Bank of Baroda, Canara Bank and Union Bank were up in the range of 2 per cent to 2.5 per cent.

RBI Policy Impact: Financials gain, PSU Bank index rises 2% on CRR cut
Updated On : 06 Dec 2024 | 11:31 AM IST

HDFC Bank stock outlook: Here's what the F&O data, technical charts suggest

Despite a near 5 per cent rally in HDFC Bank, the derivatives data shows tepid buildup in open interest; options data indicate strong resistance likely in the Rs 1,820 - Rs 1,835 range this July.

HDFC Bank stock outlook: Here's what the F&O data, technical charts suggest
Updated On : 04 Jul 2024 | 10:35 AM IST

Analysts pick stocks to buy as Sensex hits 80,000; HDFC Bank, ITC top bets

Stocks to buy right now: Despite the Sensex hitting the 80,000-mark, there are ample opportunities within the index

Analysts pick stocks to buy as Sensex hits 80,000; HDFC Bank, ITC top bets
Updated On : 03 Jul 2024 | 1:18 PM IST

ICICI Bank stock at record high; m-cap hits $100bn. What's behind the rise?

ICICI Bank share price news: On Wednesday, June 26, ICICI Bank shares hit a fresh record high for the third consecutive day, rising 2 per cent on the BSE in the intraday trade

ICICI Bank stock at record high; m-cap hits $100bn. What's behind the rise?
Updated On : 26 Jun 2024 | 3:57 PM IST

Why are FIIs buying bank stocks, and will this momentum sustain?

Analysts believe a likely pick up in credit growth and hopes of a rate cut by the Reserve Bank of India should keep the momentum alive in bank stocks.

Why are FIIs buying bank stocks, and will this momentum sustain?
Updated On : 21 Jun 2024 | 1:09 PM IST

Nifty Bank hits 50,000 mark for the first time ever; Check key reason

Surpassing the 50,000-mark for the very first time, the index's ascent can also be attributed to robust Q4 GDP figures, and S&P recent upgradation of India's rating to positive

Nifty Bank hits 50,000 mark for the first time ever; Check key reason
Updated On : 03 Jun 2024 | 10:23 AM IST

Strength in SBI stock going ahead will depend on earnings growth: Analysts

While analysts do not see a specific tailwind that can cause a re-rating in the short term, they see headroom for outperformance in long-term

Strength in SBI stock going ahead will depend on earnings growth: Analysts
Updated On : 07 Mar 2024 | 11:50 PM IST

Bank stocks gain as RBI decides to discontinue I-CRR in a 'phased manner'

As per the schedule, the RBI will release 25 per cent of the amount received under I-CRR on September 9, next 25 per cent on September 23, and the remaining 50 per cent on October 7

Bank stocks gain as RBI decides to discontinue I-CRR in a 'phased manner'
Updated On : 08 Sep 2023 | 2:41 PM IST

ICICI Bank's re-rating to be gradual, say analysts; see up to 36% upside

ICICI Bank Q1FY24 results: At the bourses, shares of ICICI Bank hit a new 52-week high of Rs 1,008 on the BSE, rising 1 per cent in the intra-day trade

ICICI Bank's re-rating to be gradual, say analysts; see up to 36% upside
Updated On : 24 Jul 2023 | 10:09 PM IST

Tamilnad Mercantile Bank reports Q1 net up by 11.53% at Rs 261.23 cr

Private sector Tamilnad Mercantile Bank has reported 11.53 per cent rise in its April-June quarter net at Rs 261.23 crore, the bank said on Monday. The Tuticorin-based over Century old bank had registered net profit at Rs 234.21 crore during the corresponding period of last year. Total business of the bank during the quarter under review grew by 9.40 per cent to Rs 84,300 crore as compared to Rs 77,056 crore registered in the corresponding quarter of last year, the bank said in a statement. The retail, agriculture and micro, small and medium enterprises (RAM) portfolio witnessed an increase of 12.86 per cent during April-June 2023 quarter at Rs 33,574 crore from Rs 29,749 crore registered in the same period of last year. During the quarter ending June 30, 2023 the bank said it opened six branches. To tap the emerging micro, small and medium enterprise market with focused attention, the bank said MSME Loan processing hub has been set up in Chennai, Madurai, Coimbatore and Tuticor

Tamilnad Mercantile Bank reports Q1 net up by 11.53% at Rs 261.23 cr
Updated On : 24 Jul 2023 | 2:52 PM IST

ICICI Bank Q1FY24 preview: Muted QoQ performance likely on high provisions

ICICI Bank: Net profit is estimated to come in the range of Rs 8,654.9 crore to Rs 9,200 crore, down up to 5 per cent QoQ

ICICI Bank Q1FY24 preview: Muted QoQ performance likely on high provisions
Updated On : 21 Jul 2023 | 12:09 PM IST

Analysts bullish on HDFC Bank's long-term growth; see up to 35% upside

HDFC Bank Q1FY24 results: Analysts believe the merged HDFC Bank is better placed than most of the other private banks as far as margin expansion and net interest income (NII) growth is concerned

Analysts bullish on HDFC Bank's long-term growth; see up to 35% upside
Updated On : 18 Jul 2023 | 12:29 PM IST

HDFC, IDFC mergers may not trigger consolidation of PSU banks: Analysts

There is more money to be made in PSBs as RoA expansion has peaked for private banks, analysts said

HDFC, IDFC mergers may not trigger consolidation of PSU banks: Analysts
Updated On : 06 Jul 2023 | 11:03 AM IST

After the runaway rally, analysts say shift from PSBs to private peers

Private sector banks' outlook is brighter on a relative basis, and the players will outperform benchmark indices from a 6-12 months' perspective, analysts say

After the runaway rally, analysts say shift from PSBs to private peers
Updated On : 02 Dec 2022 | 11:04 PM IST

Banks may incur Rs 13,000 cr MTM losses in Q1 on rising bond yields: Icra

State-owned lenders, which hold large quantities if G-Secs, to face brunt of yield spike

Banks may incur Rs 13,000 cr MTM losses in Q1 on rising bond yields: Icra
Updated On : 12 Jul 2022 | 2:07 PM IST

ICICI Bank, SBI, BoB: Seven bank stocks cross 200-DMA, may surge 15%

Bank of Baroda, Canara Bank, and State Bank of India may see even better returns as they have also broken out of "Double Bottom" pattern

ICICI Bank, SBI, BoB: Seven bank stocks cross 200-DMA, may surge 15%
Updated On : 12 Jul 2022 | 12:22 PM IST

SBI, HDFC Bank: Here is why bank stocks rallied up to 7% on Monday

Analysts opine that Monday's rally in banks is a sign of investors digesting decline in Covid-19 cases

SBI, HDFC Bank: Here is why bank stocks rallied up to 7% on Monday
Updated On : 17 May 2021 | 5:33 PM IST

Nomura, Morgan Stanley bet on these stocks as Nifty Bank hits new record

The Nifty Bank index, which was the top performing index on the National Stock Exchange (NSE), jumped nearly 730 points, or 2 per cent, in the intra-day deals to hit a new 36,837 levels

Nomura, Morgan Stanley bet on these stocks as Nifty Bank hits new record
Updated On : 15 Feb 2021 | 1:54 PM IST