Oppo launched the Reno 5 Pro 5G and Enco X earlier this week and tomorrow they will be up for grabs in the first sale.

Access to US stocks has become simpler, but one must keep an eye on the cost aspect

The government is considering setting up a Development Finance Institution model (DFI ) to support the infra sectors that need Rs 100 lakh crore investments in the next 5 years. The Union budget 2021-22 is expected to set the road map for creating a new DFI in the country. The earlier DFIs, ICICI, IDBI and IDFC, have all converted into commercial banks to tap the retail deposits as well as retail assets like home loan, car loan, credit cards and personal loans. The banking sector supported the infrastructure sector in the last decade, but the recent mismatches in asset, liabilities and deterioration in asset quality have forced banks to withdraw from such lending. Watch as Anand Adhikari, Executive Editor, Business Today explains in detail.Also Read: Forex reserves up by $758 million to lifetime high of $586 billion

The stakes are high for billionaire Ajay Piramal, who has bigger financial services ambitions. In the past, Piramal's big strategic moves like Shriram Group stake and merger proposal with IL&FS and IDFC Bank didn't fructify

The bank's customer deposits rose 41 per cent to Rs 77,289 crore during the third quarter ended December 2020, as compared with Rs 54,631 crore on December 31, 2019

The stock trades 4.24% away from 52 week high of Rs 45.5. The stock has touched a 52-week low of Rs 17.75

Stocks to watch today on January 7: Bandhan Bank, Lupin, TCS, SBI, Wipro, Maruti among others are the top stocks to watch out for in Thursday's trading session

Despite interest rates being the lowest in over a decade, the pandemic and the resultant economic impact has ensured that loan demand is very low and the system's credit growth is stuttering at about 6 per cent

The six large PSBs have just seen consolidation. While the integration of IT infrastructure, people and branches will be a big headache, the market will be looking at synergies and gains

After using technology to transform Indian banking and steering Infosys past its biggest crisis, K.V. Kamath, former Chairman, ICICI Bank, helped multilateral lender New Development Bank scale up massively during his five-year stint

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In the past, Piramal's big strategic moves like Shriram Group stake and merger proposal with IL& FS and IDFC Bank didn't reach logical conclusion

Oppo has launched a new smartphone A15s, which is a slightly tweaked version of the A15.

Allowing big industrial houses in the banking sector has its own set of challenges

India Stock Market Highlights Today:  Intra day, both indices touched all time highs today, with Sensex hitting, 45,742 and Nifty touching, 13,435

The pace of contraction in the September quarter is considerably slower than the 23.9 per cent decline registered in the June quarter, bolstering hopes of recovery

India Stock Market Highlights Today: Bajaj Auto, M&M, L&T, HDFC, Bharti Airtel, Sun Pharma, UltraTech Cement, Titan and Tata Steel were among the top gainers on Sensex pack. On the other hand, IndusInd Bank, Infosys, Maruti and ONGC were among the laggards

Banking and non-banking shares rose up to 20% in the early morning trade on BSE after RBI's IWG recommended guarded entry of corporate into banking space, and a proposal to once again allow promoters of banks to hold up to 26% stake or non-promoter investors to take up to 15% stake

India Stock Market Highlights Today: IndusInd Bank, followed by Bajaj Finserv, Bajaj Finance, Reliance Industries, ONGC, NTPC and Tata Steelwere among the top gainerz in the Sensex pack. On the other hand, HDFC, Asian Paints, ITC and Bharti Airtel were among the laggards

Large industrial houses like Aditya Birla group, Bajaj group, Mahindra and Mahindra, and Tata Sons already have large NBFCs with more than a decade of operations. In fact, these NBFCs are bigger than many mid-sized banks in the country