Indian stock benchmarks Sensex and Nifty recorded their first weekly gain this week after two straight weeks of decline. On the weekly front, the BSE benchmark surged 737.98 points or 0.90%, while the Nifty jumped 252.35 points or 1%. Interest-rate-sensitive sectors surged, with the realty index soaring nearly 5% on Friday, after the Reserve Bank … Read more
Shares of Bajaj Finance jumped 5.5% to hit an intraday high of Rs 9,425.5 on the BSE in Friday’s trade, as the Reserve Bank of India’s 50 basis point repo rate cut and 100 basis point CRR cut sparked broad optimism in the lending sector, especially among non-banking financial companies (NBFCs). While the aggressive repo … Read more
Various banks and non-banking financial institutions have recently lowered their fixed-deposit (FD) rates. Individuals such as conservative investors and retirees, who heavily depend on FDs, must reevaluate their tactics in a decreasing rate climate. Equitas Small Finance Bank (SFB) has announced revisions to its fixed deposit (FD) interest rates, effective from 7th April 2025, for … Read more
The Indian financial sector maintained steady performance in Q4 FY25 despite mixed market conditions. Systemic credit growth moderated to 11.1% YoY across banking and NBFC segments, reflecting prudent lending practices. The banking sector’s elevated credit-deposit ratio of 80.5% underscores the continued importance of deposit mobilization to sustain growth momentum. The affordable housing finance segment (HFCs) … Read more