Yes Bank

Q1 results this week: RIL, Paytm, Infosys, Jio Financial among 418 companies to announce quarterly earnings

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Q1 results this week: RIL, Paytm, Infosys, Jio Financial among 418 companies to announce quarterly earnings

This week, 418 companies will release their June quarter earnings, including Jio Financial, Paytm, Bajaj Auto, Asian Paints, LTIMindtree, Infosys, Reliance Industries, Wipro, Union Bank of India, Kotak Mahindra Bank, Tanla Platforms, Tata Technologies, and YES Bank. Here’s the list of major companies that will announce their Q1 results this week: July 15Jio Financial Services, … Read more

Stocks in news: YES Bank, DMart, Kotak Bank, Zomato, Hindustan Zinc

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Stocks in news: YES Bank, DMart, Kotak Bank, Zomato, Hindustan Zinc

Indian markets opened at record highs but experienced some correction due to a lack of sustained buying on Tuesday. In today’s trade, shares of YES Bank, DMart, Kotak Bank, Zomato, Hindustan Zinc due to various developments. DMartAvenue Supermarts, which operates DMart stores, reported a standalone revenue of Rs 13,712 crore for the quarter ended June … Read more

Credilio launches ‘novio’, aims to ensure credit card lifestyle access to all Indians

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Credilio launches ‘novio’, aims to ensure credit card lifestyle access to all Indians

Fintech firm Credilio unveiled novio – an app to widen the credit card landscape for over 400 million UPI active customers. novio aims to make financial inclusion and credit card lifestyle accessible for every Indian household, the firm said in an official statement. novio has introduced a guaranteed card concept, allowing users to build their … Read more

Deposit growth improves at private banks in Q4, but at higher costs

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Deposit growth improves at private banks in Q4, but at higher costs

On a sequential basis, HDFC Bank, ICICI Bank, and Axis Bank reported a faster growth in deposits for the March quarter compared with the credit growth while IndusInd Bank and Yes Bank showed marginally lower growth in deposits than advances. Synopsis While these lenders were able to increase deposits at a faster clip during the … Read more

Paytm new UPI ids: Here’s how to activate new ids on Paytm app after merchant migration

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Paytm new UPI ids: Here’s how to activate new ids on Paytm app after merchant migration

Paytm has completed the migration of merchant customer accounts from its payment bank to other unified payments interface (UPI) after it received a go-ahead from the National Payments Corporation of India (NPCI).  On April 17, One97 Communications Limited (OCL), which runs Paytm, started the customer migration to partner with payment service provider (PSP) banks Axis … Read more

Dial Vi for victory: Cash-strapped telco pulls off biggest FPO

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Dial Vi for victory: Cash-strapped telco pulls off biggest FPO

Mumbai: Vodafone Idea‘s ₹18,000 crore follow-on public offer (FPO), India’s biggest, closed successfully on Monday, having been subscribed 7 times, with strong demand from global institutional investors. The allotment for qualified institutional buyers (QIBs) was subscribed 19.3 times, of which 82% bids came from foreign institutional investors (FIIs). The non-institutional investor (NII) portion got bids … Read more

YES Bank, ICICI Bank to tweak service charges on savings accounts from May 1; check details

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YES Bank, ICICI Bank to tweak service charges on savings accounts from May 1; check details

Yes Bank and ICICI Bank will tweak their service charges on savings accounts from May 1. Besides this, both banks have decided to discontinue select account types. As per Yes Bank’s website, it will discontinue: Savings Exclusive, YES Savings Select /XLRATE SA, Savings Advantage/ Yes Grace / Yes Prosperity, Prime/Ascent/Crest, Yes Respect (for Sn. Citizen), … Read more

Paytm gets nod for user migration to PSP bank handles: Here’s how it can affect you

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Paytm gets nod for user migration to PSP bank handles: Here’s how it can affect you

Paytm recently said that the National Payments Corporation of India (NPCI) has allowed One97 Communications (OCL) to kick-start the migration of users to a new payment service provider (PSP) the bank handles. For this, four major banks — State Bank of India (SBI), Axis Bank, HDFC Bank, and YES Bank — will act as PSPs … Read more

What to do if a fraud transaction has happened on your credit card?

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What to do if a fraud transaction has happened on your credit card?

Axis Bank credit card users were recently affected by unauthorized international transactions despite deactivating international usage. Cardholders reported unauthorised transactions and receiving OTPs for transactions they didn’t make, including international charges on their Axis Bank credit cards. Many took to social media platforms to report the issue. So, what should you do if an unauthorized … Read more

PSU bank stocks ride past private sector peers in 2024, but how long will good days last?

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PSU bank stocks ride past private sector peers in 2024, but how long will good days last?

MUMBAI – Private banks, which have always been the favourites of institutional investors, lost the spot to public sector banks who are touching the sky riding on retail bulls. So far in 2024, all public sector banks have given double-digit returns to investors. On the contrary, private sector banks have seen single to double-digit fall … Read more