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Disclosure: The owners of this website may be paid to recommend Regal Assets. The content on this website, including any positive reviews of Regal Assets and other reviews, may not be neutral or independent.

HomeMarket News

Market News

Market selloff: Mcap of top-10 most valued companies erodes by over Rs 2.53 lakh cr

The m-cap of State Bank of India (SBI) tanked by Rs 4,863.91 crore to Rs 4,48,729.47 crore and that of ICICI Bank slumped by Rs 10,811.98 crore to reach Rs 5,58,699.39 crore. The top-10 most valued companies suffered a combined erosion of Rs...

ICICI Bank Q3 profit rises 25%

Batra said the bank made recoveries worth Rs 4,200 crore in Q3. “Amongst this Rs 4,200 crore, most of the recoveries have been from the retail side. We had about Rs 3,700 crore of recoveries from retail and about Rs 482 crore from...

World Bank approves Rs 1000 cr loan to help people get Bengal govt services

“The World Bank on January 19 has sanctioned a $125 million (about Rs 1,000 crore) loan to the government of West Bengal to support the state’s effort to help the poor and vulnerable groups access social protection services,” the statement read. The World...

CSB Bank net surges 180% on improved asset quality

Provision Coverage of the bank is seen higher at 82.95 % and capital adequacy ratio stands at 20.74% , which is well above the regulatory requirement. CSB Bank on Friday reported a 180 % year-on-year (y-o-y) increase in its third quarter net profit...

ICICI Prudential Life Rating: Buy- A stable performance by firm in Q3FY22

9MFY22 growth robust; retail term likely to pick up; Q4 should be strong; ‘Buy’ retained with TP of Rs 870 ICICI Prudential Life (IPru Life) reported NBP/APE growth of 10%/16% y-o-y in Q3FY22. However, 9MFY22 growth is robust at 30% each. We...

Yellen Says Substantial Inflation Slowdown Expected Next Year

(Bloomberg) -- U.S. Treasury Secretary Janet Yellen delivered a rosy outlook for the U.S. economy, of fading inflation and the potential for higher long-term growth.While acknowledging that price rises represent “a valid policy concern,” Yellen said on Friday that “it’s important to note...