Private sector lender Federal Bank posted a 54% rise in its profit at ₹804 crore in the third quarter ended December 2022 (Q3FY23), on higher net interest income and improved asset quality. The bank had posted a net profit of ₹522 crore in the same quarter a year ago. The bank’s net Interest Income (NII), […]
Interest rates may stay higher for longer: Das
Reserve Bank of India (RBI) governor Shaktikanta Das stated on Friday there may be the opportunity of hobby charges staying better for longer, the arena over. “If the geopolitical conflicts continue, it can be a scenario of `excessive for long` with reference to hobby charges international over, now no longer simply the US,” Das observed. […]
Market LIVE Updates: Indices trade lower with Nifty below 17,900; RIL, ICICI Bank, Bajaj Finance most active
The Sensex became down 198.23 factors or 0.33% at 59907.27, and the Nifty became down 56.forty factors or 0.32% at 17839.30. About 1368 stocks have advanced, 1812 stocks declined, and one hundred forty five stocks are unchanged. Shares of PB Fintech, PolicyBazaar`s discern enterprise, inched better on January 12 after the organization stated it has […]